People are mentioning that Google is not number one in China (Baidu is), and that they're using the hacks as an excuse. Considering how huge the market is in China, being second place is still a lot of money. Having the Chinese try to break into your systems after you're playing 'by the rules' is unacceptable. I'm personally glad they're finally putting a stop to the filtering. If they get shut down, then so be it. Hopefully the Chinese seeing Google leave will make some ask questions about how 'safe' the Great Firewall is really making them. Source: Official Google Blog
Google 'fed up' with China
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