Fortnite bans itself from China, Yahoo follows in LinkedIn's footsteps – HT Tech

US internet services company Yahoo said on Tuesday it has pulled out of mainland China, becoming the latest tech firm to withdraw as a crackdown by Beijing on the industry gathers pace. The move comes just days after American gaming giant Epic said it will shut its popular game “Fortnite” following the imposition of strict curbs on the world’s biggest gaming market.Beijing has embarked on a wide-ranging regulatory clampdown on a number of industries in a drive to tighten its control of the economy, with tech firms taking the brunt. The push has seen a number of US-based companies withdraw major products from China in recent weeks, with Microsoft in October announcing the closure of its career-oriented social network LinkedIn.”In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” Yahoo said in a statement emailed to AFP.”Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support.”Foreign tech companies have long walked a tightrope in China, forced to comply with strict local laws and government censorship of content.Google shut down its…
Read More