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Short Take: PointCast cancels Asian Edition

PointCast will discontinue its Asian Edition, a joint venture between the push technology service and Hong Kong-based China Internet Corporation, more than a year after the two firms formed the partnership. The service was slated to offer local-language news and information to subscribers in Southeast Asia and greater China, but was canceled as a "result of recent economic developments in Asia, among other factors," PointCast said.

PointCast will discontinue its Asian Edition, a joint venture between the push technology service and Hong Kong-based China Internet Corporation, more than a year after the two firms formed the partnership. The service was slated to offer local-language news and information to subscribers in Southeast Asia and greater China, but was canceled as a "result of recent economic developments in Asia, among other factors," PointCast said.