The popular Chinese social network Weibo was punished with a penalty of about half a million dollars from the Chinese Communist regime for allowing “information prohibited by law and regulations” that is considered to have been caused by the reporting of the scandal of Peng Shuai and former vice-premier Zhang Gaoli. Shuai, an international tennis star, had accused via Weibo, the former vice-premier of the Chinese Communist Party (CCP), of sexually abusing her several times, according to South China Morning Post on Dec. 14. Following the sanction, Weibo’s shares dropped 8%. The social network rushed to write a statement in...