Yahoo CEO Jerry Yang testifying before Congress in 2007 on giving data to China.
By Patrick McShane
Second of a series.
In June, China imposed a sweeping new “security law” on Hong Kong — threatening the personal privacy of more than 7.5 million citizens and sending shivers throughout the global business community, which includes more than 1,500 U.S. companies.
In this series of weekly reports, Digital Privacy News examines the ramifications of Beijing’s actions. Today’s report asks whether U.S. tech giants can resist any demands to turn over data to Hong Kong officials.
In late 1997, a young Taiwan-born, California-raised entrepreneur named Jerry Yang made his second visit to Hong Kong as the founder of the then-fledgling Yahoo search engine.
Three years earlier, Yang had launched his company on the New York Stock Exchange. The listing grossed $480 million and was over-subscribed many times over.
Having conquered the United States, Yang and Yahoo arrived in Hong Kong, determined to set up Yahoo Asia.
The fluent Mandarin-speaker, however, just 29, was resolved not to simply translate material from his U.S. website to Asia. He insisted on creating original sites offering specific topics that matched the interests and tastes of the people in China.
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