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Is that surprising given Yahoo's history with China? If your not familiar, the reporter waited until the closing paragraphs to put this in proper context: In 2
by jsm386 17y ago
Is that surprising given Yahoo's history with China? If your not familiar, the reporter waited until the closing paragraphs to put this in proper context:
In 2007, Yahoo outraged human rights activists after accusations that the Internet giant had handed over the mail, data on online activity and Internet addresses of suspected dissidents to Chinese officials. Though Yahoo eventually settled the lawsuits brought by lawyers acting on behalf of jailed dissidents.
The suit, advanced by the Washington D.C.-based World Organization for Human Rights USA, maintained that Yahoo had benefited financially by working with Chinese authorities.
Yahoo also no longer maintains its own Internet site in China. In 2005, Yahoo handed over exclusive rights to the "Yahoo China" brand name and folded its Chinese mail, messaging and other operations into the Alibaba Group, in a $1 billion deal that gave Yahoo a 40 percent stake in Alibaba.
- briansmith 17y agoIn other words, Yahoo makes money in China indirectly so they can't be as easily blamed for their behavior.