China’s Weibo saw its shares dropping this week after the Cyberspace Administration of China announced on its official WeChat account that it has fined the company’s operator BJ Weimeng Innovation and Technology Company. The fine was given over some accounts and content violating relevant laws and regulations. The Chinese social networking giant Weibo tumbled more … Continue reading “Weibo Shares Collapse After Regulator Gives Social Media Giant’s Operator a Fine”
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