Tencent stops its video game streaming arm, Penguin Esports as Crackdown weighs
Tencent Holdings will shut down its Penguin Esports unit by early-June. The company said on its official WeChat account that the decision to shut down the six-year-old platform, where hosts could live-stream themselves playing games in a model similar to Amazon's Twitch, was made because of "changes to its business development strategy"....