Yahoo to exit China, citing commitment to "free and open" internet
CBSN
Yahoo on Tuesday said it plans to pull out of China, citing an "increasingly challenging business and legal environment." It is the second major U.S. technology company to recently announce that it will exit the People's Republic, the world's largest consumer market, joining Microsoft's LinkedIn social network.
The company said in a statement that its services will no longer be accessible from mainland China as of Nov. 1. "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," the statement read.
It added that Yahoo "remains committed to the rights of our users and a free and open internet."
President Joe Biden said France was America's "first friend" at its founding and is one of its closest allies more than two centuries later as he was honored with a state visit Saturday by French President Emmanuel Macron aimed at showing off their partnership on global security issues and easing past trade tensions.
The Consumer Federal Protection Bureau last week launched an inquiry into what the agency is calling "junk fees in mortgage closing costs." These additional fees, involving home appraisal, title insurance and other services, have spiked in recent years and can add thousands of dollars to the final cost of buying a home.
Retired Maj. Gen. William Anders, the former Apollo 8 astronaut who took the iconic "Earthrise" photo showing the planet as a shadowed blue marble from space in 1968, was killed Friday when the plane he was piloting alone plummeted into the waters off the San Juan Islands in Washington state. He was 90.