For years, LinkedIn thrived in China on the unlikeliest of compacts, complying deftly with Beijing’s ever-changing censorship demands while largely averting a backlash back home. That all ended Thursday, when the Microsoft Corp. unit began its withdrawal from the country, defeated by increasingly bewildering regulations governing data and content.
LinkedIn’s defeat marked the demise of the last major U.S. social network in the country, one that some 52 million professionals relied on to grease deals, meet new prospects and forge alliances. The company, which blamed a more challenging operating environment and greater compliance requirements, said it will run a jobs service instead.
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October 15, 2021 at 09:37PM
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Xi's Crackdown, Rigid Regime Defeat Last U.S. Social Media Giant - Bloomberg
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