May 2012

Real-name system may shut down micoblogging in China

2012-05-03 - michelle
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weibo

Source :China Times30 April 2012

Wang reported [Reporter Lu Sumei / roundup]

Sina weibo, China’s domestic twitter which has 300 million users, may under the threat of shutting down. According to Sina’s 2011 Annual report submitted to the U.S. Securities and Exchange Commission on 28 April, "the authorities required our users to use real name for authentication.. But for varies reasons we are unable to complete the task. We may face severe punishment by the Chinese government, including partial suspension of the microblogging’s function or even shutting it down." Sina reminded investors that if it was punished by the Chinese government, it might affect the company's share price.