Yahoo Quits China, Cites ‘Challenging’ Environment
"Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support.”
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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.