Tag Archives: China

Yahoo pulls out of China, citing ‘challenging’ environment

HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales for Yahoo. “In recognition of the increasingly challenging business and legal environment in China,… Source link

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Yahoo pulls out of China for good

It pulled the plug “in recognition of the increasingly challenging business and legal environment,” a Yahoo spokesperson said in a statement. “Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support.” Access to many of Yahoo’s features in China have disappeared since 2013, including email and news. In 2015, Yahoo closed its Beijing office and eliminated roughly 300 jobs. Yahoo joins Microsoft’s (MSFT) LinkedIn social network, which… Source link

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Yahoo pulls out of China, citing ‘challenging’ environment | Business

By ZEN SOO Associated Press HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an “increasingly challenging business and legal environment.” Chinese authorities maintain a firm grip on internet censorship in the country and require companies operating in China to censor content and keywords deemed politically sensitive or inappropriate. “In recognition of the increasingly challenging business and legal environment in China,… Source link

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Yahoo pulls its services out of China

A Yahoo! logo is shown on a screen. (Photo by Ethan Miller/Getty Images) HONG KONG (AP) — Yahoo Inc. on Tuesday said it has pulled its services from China, citing an “increasingly challenging business and legal environment.” The company said in a statement that its services were no longer accessible from mainland China as of Nov. 1. “In recognition of the increasingly challenging business and legal environment in China,… Source link

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Yahoo leaves China for good, cites “challenging” environment

By Josh Horwitz, Brenda Goh SHANGHAI (Reuters) – Yahoo said it had stopped allowing its services to be accessible from mainland China “in recognition of the increasingly challenging business and legal environment”, the second Western tech brand to quit the country in recent weeks. FILE PHOTO: A Yahoo logo is pictured in front of a building in Rolle, Switzerland December 12, 2012. REUTERS/Denis Balibouse The company stopped providing content for users in mainland China as of Nov. 1,… Source link

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Is There A War Brewing In The South China Sea?

Tensions in the South China Sea have been percolating for years now. Even in relatively calm times when the battling claimants of the contested waters manage to stay out of the headlines, the reality out on the sea is rarely tranquil. In fact, a recent report from the South China Morning Post has revealed that Chinese boats have been harassing Civilian vessels in the Malaysian and Vietnamese portions of the South China Sea “on a daily basis” for years. Extending from Singapore and the… Source link

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China Trading Apps Tank After Official Calls Them ‘Illegal’

(Bloomberg) — China’s largest cross-border brokers plummeted in U.S. premarket trading after a central bank official questioned the legitimacy of their operations amid Beijing’s continuing crackdown on private enterprise. Most Read from Bloomberg These online brokers are engaged in “illegal financial activities” because they have no “driving licenses” to operate in China, Sun Tianqi, a senior People’s Bank of China official wrote in an article published on the website of Finance… Source link

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