Chinese technology giant Tencent Holdings’ online literature arm said on Monday it would pull the plug on its e-reader service, in the latest sign of China Big Tech’s retreat from noncore businesses. China Literature said it would end online services for its e-book reader Koudaiyue, which translates as “pocket reading”, ...
See Details: Tencent’s China Literature ends Kindle-like e-reader service as Big Tech firms pull back on unprofitable businesses