But within the eyes of the Chinese Communist Party, it is not censoring enough — and must pay a worth, actually.That's removed from the primary time Weibo has been slapped with such a hefty wonderful by the federal government. Over the primary 11 months of this yr, the social media giant was fined 44 instances for transgressions that price it a complete of $2.2 million, in keeping with the Cyberspace Administration of China (CAC), a authorities company underneath the management of the social gathering.Weibo stated in an announcement it "sincerely accepts criticism" from the regulator and has established a working group in response to the penalty.
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