SHANGHAI (Reuters) -- Chinese social media platform Weibo Corp has been slapped with a 3 million yuan ($470,000) fine by China's internet regulator for repeatedly publishing illegal information.
China tech
Weibo fined by Chinese regulator for posting illegal information
Beijing's local cyberspace authority also imposes 44 penalties on the company
Weibo, which operates a platform similar to Twitter, has been ordered to "immediately rectify and deal with relevant responsible persons seriously," the Cyberspace Administration of China said in a statement. © Reuters
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