Yahoo shuts down news sites in India
Updated On: 26 August, 2021 12:26 PM IST | PTI
This includes Yahoo News, Yahoo Cricket, Finance, Entertainment and MAKERS India
In the FAQ section, Yahoo said effective August 26, 2021, the company has ceased publication of content in India and has shut down Yahoo`s content operations in the country. Pic/iStock
Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India. This includes Yahoo News, Yahoo Cricket, Finance, Entertainment and MAKERS India. This, however, will not affect users'' Yahoo e-mail, and search experiences in India.
"As of August 26th, 2021 Yahoo India will no longer be publishing content. Your Yahoo Account, Mail and Search experiences will not be affected in any way and will operate as usual. We thank you for your support and readership," a notice on the Yahoo website said. US tech major Verizon had acquired Yahoo in 2017.
In the FAQ section, Yahoo said effective August 26, 2021, the company has ceased publication of content in India and has shut down Yahoo's content operations in the country.
"We did not come to this decision lightly. However, Yahoo India has been impacted by changes to regulatory laws in India that now limit the foreign ownership of media companies that operate and publish digital content in India. Yahoo has had a long association with India and we're really proud of the premium, local content we have provided our users here for the last 20 years," it said.
ADVERTISEMENT
Poll
Who will win the Punjab Elections?
It added that given that Yahoo Cricket has a ''news'' component, "it was impacted under the new FDI regulations that limit foreign ownership of media companies that operate and publish digital content in India in the ''News and Current Affairs'' space". Thanking all its users in India for the "support and trust" over the past two decades, it noted that it remains "open to opportunities that connect us to users here".
As per the new FDI regulations that will come into effect in October, digital media companies in India can accept up to 26 per cent investment in the form of foreign investment, subject to approval from the central government. "In case you are a Yahoo Mail user, this change does not affect you in any way. This development does not impact our products Yahoo Mail and Yahoo Search, where we will continue to serve users in India as before, without any change," it said.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Trending Stories
Latest Web Stories
Latest Photos
17 December, 2025 11:56 AM IST | IN PHOTOS: MLAs at Vidhan Bhavan during Maharashtra Legislative Council polls
Asif Ali Sayed
09 September, 2024 09:32 PM IST | IN PHOTOS: People in Mumbai celebrate Gauri Puja during Ganeshotsav
Asif Ali Sayed
09 September, 2024 09:13 PM IST | IN PHOTOS: Mumbai witnesses sunny weather as rains take a break
Asif Ali Sayed
09 September, 2024 01:53 PM IST | In Photos: Amit Shah attends Ganeshotsav 2024 festivities in Mumbai
Divya Nair
Latest Videos
ADVERTISEMENT
Mid-day Fast
Latest Headlines
03 July, 2026 05:36 PM IST | Tuhina Upadhyay
03 July, 2026 04:56 PM IST | Shachi Chaturvedi
03 July, 2026 04:55 PM IST | Oshin Fernandes
02 July, 2026 02:09 PM IST | Athulya Nambiar