Representatives of Yahoo Inc. stated that the increasingly difficult business environment in China makes it impossible to continue doing business there. Most of Yahoo’s services have already been blocked, but recent changes in government policy, namely the expansion of government control over technology companies, have made any work completely impossible, the company says.
Yahoo said in a posting that the Chinese subsidiary will stop providing services from November 1st. informs Associated Press. This situation is the result of the hostility between the United States and China in the technology and trade industries. Earlier, the US imposed sanctions on Huawei and other Chinese technology firms. The states claim that these companies are affiliated with the Chinese government, the military, or both. China says the US is unfairly suppressing competition and trying to block China’s technological growth.
Yahoo is the last foreign technology company to remain in China. Google gave up a few years ago, and Microsoft’s professional networking platform LinkedIn announced last month that it would be replaced by a job site in China. The publication notes that these events show the choice faced by major players in the technology market. The choice is dictated by the demands of governments, which seek to censor content and keywords because they are considered politically sensitive or inappropriate.