LinkedIn is shutting down its China platform because of a 'challenging operating environment'
뉴스
Author
TAN
Date
2021-10-15 14:06
Views
717
LinkedIn will shut down the local version of its service in China, marking a significant retreat for one of the few large US tech firms still operating in the country.
The career networking platform, owned by Microsoft (MSFT), made the decision because of a "significantly more challenging operating environment and greater compliance requirements in China," Mohak Shroff, senior vice president of engineering at LinkedIn, said in a blog post Thursday.
The company will instead roll out a new platform called InJobs later this year, a China-only portal that will "not include a social feed or the ability to share posts or articles" but simply serve as a portal to list and apply for jobs.
"While we've found success in helping Chinese members find jobs and economic opportunity, we have not found that same level of success in the more social aspects of sharing and staying informed," Shroff said.
Operating in China has always been challenging for private companies, but the screws have tightened further in the past year under Chinese President Xi Jinping. A sweeping regulatory crackdown in recent months has wiped an estimated $3 trillion off the market value of China's biggest firms.
LinkedIn has been available in China since 2014. Its presence in the country, where it has more than 45 million users, is notable because many other Western social networks, including Facebook (FB) and Twitter (TWTR), are blocked by the Chinese government's massive censorship apparatus known as the Great Firewall.
Microsoft has a long history in China, having entered the market in 1992. Its software is widely used by the Chinese government and companies, and its Bing search engine is also accessible, while Google (GOOGL) has been cut out for years.
Earlier this year, LinkedIn suspended new user sign-ups in China in order to "ensure we remain in compliance with local law," according to a spokesperson at the time. The company declined to elaborate on which local law it was examining.
"We recognized that operating a localized version of LinkedIn in China would mean adherence to requirements of the Chinese government on internet platforms," Shroff said Thursday. "While we strongly support freedom of expression, we took this approach in order to create value for our members in China and around the world."
LinkedIn will continue working with Chinese businesses "to help them create economic opportunity," he added.
Source: https://www.cnn.com/2021/10/14/tech/linkedin-china-exit-microsoft/index.html
The career networking platform, owned by Microsoft (MSFT), made the decision because of a "significantly more challenging operating environment and greater compliance requirements in China," Mohak Shroff, senior vice president of engineering at LinkedIn, said in a blog post Thursday.
The company will instead roll out a new platform called InJobs later this year, a China-only portal that will "not include a social feed or the ability to share posts or articles" but simply serve as a portal to list and apply for jobs.
"While we've found success in helping Chinese members find jobs and economic opportunity, we have not found that same level of success in the more social aspects of sharing and staying informed," Shroff said.
Operating in China has always been challenging for private companies, but the screws have tightened further in the past year under Chinese President Xi Jinping. A sweeping regulatory crackdown in recent months has wiped an estimated $3 trillion off the market value of China's biggest firms.
LinkedIn has been available in China since 2014. Its presence in the country, where it has more than 45 million users, is notable because many other Western social networks, including Facebook (FB) and Twitter (TWTR), are blocked by the Chinese government's massive censorship apparatus known as the Great Firewall.
Microsoft has a long history in China, having entered the market in 1992. Its software is widely used by the Chinese government and companies, and its Bing search engine is also accessible, while Google (GOOGL) has been cut out for years.
Earlier this year, LinkedIn suspended new user sign-ups in China in order to "ensure we remain in compliance with local law," according to a spokesperson at the time. The company declined to elaborate on which local law it was examining.
"We recognized that operating a localized version of LinkedIn in China would mean adherence to requirements of the Chinese government on internet platforms," Shroff said Thursday. "While we strongly support freedom of expression, we took this approach in order to create value for our members in China and around the world."
LinkedIn will continue working with Chinese businesses "to help them create economic opportunity," he added.
Source: https://www.cnn.com/2021/10/14/tech/linkedin-china-exit-microsoft/index.html
Total 779
Number | Title | Author | Date | Votes | Views |
326 |
Family of student shot in Oxford High School attack files lawsuit against school district and employees
TAN
|
2021.12.09
|
Votes 0
|
Views 594
|
TAN | 2021.12.09 | 0 | 594 |
325 |
Waukesha parade suspect charged with 5 counts of homicide, 6th death announced by prosecutors
TAN
|
2021.11.23
|
Votes 0
|
Views 602
|
TAN | 2021.11.23 | 0 | 602 |
324 |
FDA authorizes Pfizer and Moderna boosters for all adults
TAN
|
2021.11.19
|
Votes 0
|
Views 549
|
TAN | 2021.11.19 | 0 | 549 |
323 |
항공 및 관광 / 건강검진 안내(213-388-4141)
고현정
|
2021.11.12
|
Votes 0
|
Views 614
|
고현정 | 2021.11.12 | 0 | 614 |
322 |
New antiviral pill for COVID cut hospital and death risk by 89%, Pfizer says
PhillyKo
|
2021.11.05
|
Votes 0
|
Views 2205
|
PhillyKo | 2021.11.05 | 0 | 2205 |
321 |
Pfizer says Covid vaccine more than 90 percent effective in children ages 5 to 11
TAN
|
2021.10.22
|
Votes 0
|
Views 808
|
TAN | 2021.10.22 | 0 | 808 |
320 |
LinkedIn is shutting down its China platform because of a 'challenging operating environment'
TAN
|
2021.10.15
|
Votes 0
|
Views 717
|
TAN | 2021.10.15 | 0 | 717 |
319 |
Scarlett Johansson and Disney settle 'Black Widow' lawsuit
TAN
|
2021.10.01
|
Votes 0
|
Views 1139
|
TAN | 2021.10.01 | 0 | 1139 |
318 |
Parents sue Disney Cruise Line for $20M over alleged sexual assault of 3-year-old daughter
TAN
|
2021.09.24
|
Votes 0
|
Views 736
|
TAN | 2021.09.24 | 0 | 736 |
317 |
진실
미국 수사관
|
2021.09.08
|
Votes 0
|
Views 760
|
미국 수사관 | 2021.09.08 | 0 | 760 |
316 |
CMC Scholarship
PhillyKo
|
2021.09.03
|
Votes 0
|
Views 654
|
PhillyKo | 2021.09.03 | 0 | 654 |
315 |
Videos show historic flooding in New York after Ida blasts the Northeast
TAN
|
2021.09.02
|
Votes 0
|
Views 888
|
TAN | 2021.09.02 | 0 | 888 |
314 |
Cyberattacks on PH group traced
TAN
|
2021.08.27
|
Votes 0
|
Views 1133
|
TAN | 2021.08.27 | 0 | 1133 |
313 |
이미 올린 위키피디아 잘 보세요.
미국 수사관
|
2021.08.15
|
Votes 0
|
Views 672
|
미국 수사관 | 2021.08.15 | 0 | 672 |
312 |
류현진이가 금방 타팀으로 갔나?
미국 수사관
|
2021.08.15
|
Votes 0
|
Views 575
|
미국 수사관 | 2021.08.15 | 0 | 575 |
311 |
세상 이렇게 됬다니까?!!
미국 수사관
|
2021.07.29
|
Votes 0
|
Views 675
|
미국 수사관 | 2021.07.29 | 0 | 675 |
310 |
류현진 뉴욕 메츠에 있는가? 없는가?
미국 수사관
|
2021.07.25
|
Votes 0
|
Views 1001
|
미국 수사관 | 2021.07.25 | 0 | 1001 |
309 |
도쿄 2020/2021 올림픽 개막전이 있나?
미국 수사관
|
2021.07.24
|
Votes 0
|
Views 784
|
미국 수사관 | 2021.07.24 | 0 | 784 |
308 |
작년에 일본 올림픽 하다가 만 필름들을 쏟아 넣으려나?
미국 수사관
|
2021.07.20
|
Votes 0
|
Views 641
|
미국 수사관 | 2021.07.20 | 0 | 641 |
307 |
일본 올림픽 취소’라고 Google에 타이핑..
미국 수사관
|
2021.07.18
|
Votes 0
|
Views 1238
|
미국 수사관 | 2021.07.18 | 0 | 1238 |