Microsoft Corp (MSFT.O) is pulling the plug on LinkedIn in China nearly seven years after its launch and will replace it with a stripped-down version of the platform that would focus only on jobs. LinkedIn is the only major U.S.-owned social network operating in the country, where the government requires such platforms to follow strict rules and regulations. “We’re also facing a significantly more challenging operating environment and greater compliance requirements in China,” LinkedIn said in a blog post on Thursday, adding it did not find the same level of success in the more social aspects of sharing and staying...