Money Talks

Yahoo withdraws from China, citing 'challenging' environment | Money Talks


Listen Later

Silicon Valley firms are looking at the lucrative Chinese market and saying 'it's not worth it.'
Yahoo has become the latest American tech company to exit the world's second largest economy. In its announcement, the internet services provider cited an "increasingly challenging business and legal environment." Epic Games, the maker of Fortnite, is also withdrawing from the world's largest video gaming market amid tougher regulations. Last month, the Microsoft-owned professional networking site Linked-In announced it was leaving the Chinese mainland, ahead of strict privacy laws that took effect on November the first. Popular Western platforms like Facebook, Google, Instagram and Youtube have been banned in China for years.
#Yahoo #China #BusinessRegulations
...more
View all episodesView all episodes
Download on the App Store

Money TalksBy TRT World


More shows like Money Talks

View all
Daily News Brief by TRT World

Daily News Brief

42 Listeners

Business in 60 Seconds by TRT World

Business in 60 Seconds

2 Listeners

Bigger Than Five by TRT World

Bigger Than Five

1 Listeners

Nexus by TRT World

Nexus

1 Listeners

Route 66 by TRT World

Route 66

0 Listeners

Compass by TRT World

Compass

0 Listeners

Strait Talk by TRT World

Strait Talk

2 Listeners

Roundtable by TRT World

Roundtable

1 Listeners

Newsfeed by TRT World

Newsfeed

0 Listeners

Off The Grid by TRT World

Off The Grid

0 Listeners