More

    Yahoo Pulls Out of China, Ending Tumultuous Two-Decade Relationship

    [ad_1]

    Yahoo Inc. said it was pulling out of China, citing an increasingly challenging business and legal environment, the latest foreign company to be caught up in Beijing’s toughening rules for businesses.

    Yahoo said it had ceased to offer its services from Nov. 1, becoming the second well-known U.S. technology firm to downsize China operations in less than a month following the closure of Microsoft Corp.’s LinkedIn social-networking site.

    [ad_2]

    Source link

    Recent Articles