Chinese authorities said they have fined social-media giant Weibo Corp. millions of dollars for a string of infractions, the second time in two weeks that Beijing has announced the punishment of a major internet platform amid a further tightening of controls online. The Cyberspace Administration of China said that Twitter-like Weibo had been ordered to pay a penalty of 3 million yuan, the equivalent of about $471,000, for disseminating “illegal information” in severe violation of regulations including the country’s cybersecurity law and its law governing the protection of minors.
Read the article: The Wall Street Journal
