Yahoo Pulls Out of China

Yahoo has closed its news and community services in China, having already closed its email services there. A farewell message on Yahoo’s Chinese site doesn’t say much, but it seems Yahoo is ceding the territory to Chinese firm Alibaba, in whom it has a stake.

Original news: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/NFncqjixcrE/story01.htm