The mass outflow of China’s largest technology companies has recently ended with Yahoo. The company leaves China after 20 years. She allegedly failed to cope with increasingly stringent regulations.
In recent years, perhaps all large technology companies in the West have been complaining about the specific business environment in China. It hinders the extent to which Chinese regulators interfere in their decision-making and independence and the extent to which they require censorship. This is especially the case in recent years, when the Chinese authorities’ tolerance of foreign companies in the local market is reaching historic lows. In other words, Western technology companies have been given a choice – either they will obey the regulator as well as local companies or they will have to leave the country. That’s why several large companies have already “wrapped it up.” Google has almost no presence in the country, Microsoft recently announced its departure from China with LinkedIn, which will later be replaced by a light version of the job placement portal. Apple is still trying to stay in the country, which has meanwhile shown how it can bend its moral standards.
Yahoo, which has been in China for 20 years, has announced that it is leaving the country. It will completely suspend and block the rest of its services, which it still offered in the country. For example, the people of China will not have access to e-mails, but also to some technological websites such as TechCrunch or Engadget.
For Yahoo, Google and Microsoft, the issue of staying in China was more of a reputation. Despite the fact that a country with almost a billion active internet users has a huge potential for them, further action would require them to be very accommodating to the decisions of local authorities. If they complied, they would be sharply criticized in Western countries as well as in the domestic US market. Not to mention that they would have to constantly explain to what extent they are able and willing to protect and defend freedom of expression and user data.
Source: Pravda – Veda a technika by vat.pravda.sk.
*The article has been translated based on the content of Pravda – Veda a technika by vat.pravda.sk. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!