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Experts Warn Against Potential Yahoo Changeover

ONLINE PRIVACY—U.S.

October 3, 2011

Privacy advocates say "the possibility of Yahoo falling under Chinese control raises significant privacy risks," Financial Times reports. Jack Ma, the founder of Chinese Internet group Alibaba, has indicated his interest in acquiring the company and has a right of refusal to buy back his 40-percent stake should it be sold. Jeff Chester of the Center for Digital Democracy says, "Lawmakers should oppose a deal where the data of Americans come under the control of a foreign company with links to the Chinese government," while Alibaba has said, "We've demonstrated consistently that we follow the laws in the countries in which we do business." (Registration may be required to access this story.)
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