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CN Public Security Imposes Penalties on KUAISHOU-W upon Cybersecurity Law
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China's National Cybersecurity Notification Center announced that, in response to the existence of illegal information in the short videos of KUAISHOU-W (01024.HK) recently, the public security organs issued warnings and administrative penalties to KUAISHOU-W (01024.HK) in accordance with the provisions of the "Cybersecurity Law", and instructed KUAISHOU-W to fully implement its juvenile model, conduct a comprehensive investigation to clean up the illegal information, and dispose of the illegal accounts. According to the report, upon investigation, it was found that the company failed to timely dispose of information prohibited by laws and administrative regulations from being published or disseminated, and failed to implement the youth model, which led to the proliferation of illegal information, jeopardized the physical and mental health of minors, and violated the relevant provisions of the "Cybersecurity Law". AAStocks Financial News |
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