Tuesday, November 2, 2021

Yahoo pulls out of China for good

Sergio Zambrano

 The article talks about Yahoo becoming the latest tach American company to abandon Chinese market. They stated that they are leaving the country because of the constant increase in challenging business and legal environment. They have been facing challenges since 2013 such as China restricting email and news. They also had to shut down their office in Beijing and eliminated about 300 jobs. The articles states that this is movement by President Xi Jinping to create a tech monopoly within China. 


https://www.cnn.com/2021/11/02/tech/yahoo-china-exit/index.html 

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