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Monday, May 28, 2018

Tencent pulls investment in content start-up after online backlash

HONG KONG (Reuters) - Tencent Holdings, which owns China's top social media app WeChat, has scrapped an investment of up to 30 million yuan ($4.7 million) in a content start-up that has been criticized online and by state media for its handling of copyright issues.


from Reuters: Technology News https://ift.tt/2IUQPfF

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