Yahoo pulls out of China, citing 'challenging' environment
HONG KONG - 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.-- More...
Read next: Citing rising costs and need, Maritime Electric amends its $427M fossil fuel generator plan
