Yahoo pulls out of China, citing 'challenging' environment

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 companys services were already blocked by Chinas digital censorship But recent government moves to expand its control over tech companies generally including its domestic giants may have tipped the scales for YahooIn recognition of the increasingly challenging business and legal environment in China Yahoos suite of services will no longer be accessible from mainland China as of November 1 the company said in a statement It said it remains committed to the rights of our users and a free and open internetThe companys move comes as the American and Chinese governments feud over technology and trade The US has put restrictions on telecom giant Huawei and other Chinese tech companies alleging that they have ties with Chinas government military or both China says the US is unfairly suppressing competition and trying to block Chinas technological riseYahoo is the latest foreign tech company to exit China Google gave up several years ago and Microsofts professional networking platform LinkedIn said last month it would shutter its Chinese site replacing it with a jobs board instead The departures illustrate the choices internet companies face in a huge potential market but one where the government requires them to censor content and keywords deemed politically sensitive or inappropriate In their place Chinese companies have filled the void creating an alternative internet with its own digital giants The Baidu search engine has largely replaced Yahoo and Google in China and WeChat and Weibo are the leading social media platformsYahoos departure coincided with the implementation of Chinas Personal Information Protection Law which limits what information companies can gather and sets standards for how it must be stored Chinese laws also stipulate that companies operating in the country must hand over data if requested by authorities making it difficult for Western firms to operate in China as they may also face pressure back home over giving in to Chinas demandsYahoo was harshly criticized by lawmakers in the US in 2007 after it handed over data on two Chinese dissidents to Beijing eventually leading to their imprisonmentYahoo had previously downsized its operations in China dropping a music and email service in the early 2010s and shuttering its Beijing office in 2015 Anyone who tried to access Engadget China a tech news site that it had continued to operate was greeted Tuesday with a popup saying the site would no longer publish contentChina has also blocked most international social media sites and search engines such as Facebook and Google Some users in China circumvent the block by using a virtual private network VPN that masks who you are and where you are logging in from Verizon Communications Inc acquired Yahoo in 2017 and merged it with AOL but later sold the entity off to private equity firm Apollo Global Management in a 5 billion deal Apollo announced in September that its acquisition of Yahoo was completeThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever