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UPDATE 2-China probes former chief of internet regulator for suspected graft [Reuters]

Meta Platforms, Inc. - Class A (FB) 
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Company Research Source: Reuters
China probes former chief of internet regulator for suspected graft | Reuters Reuters Staff 3 Min Read BEIJING (Reuters) - The former head of China’s powerful internet regulator is under investigation for suspected corruption, the ruling Communist Party said, the latest senior official to be caught up in a sweeping campaign against graft. Lu Wei was suspected of serious discipline breaches, the party’s corruption-busting Central Commission for Discipline Inspection said in a brief statement late on Tuesday, using a common euphemism for graft. It gave no other details. Reuters was unable to reach Lu or a representative to seek comment. At the height of his influence, Lu, a colorful and often brash official by Chinese standards, was seen as emblematic of China’s increasingly pervasive internet controls. Organizers of China’s first World Internet Conference in 2014, set up under Lu to promote Beijing’s vision of internet governance, irked foreign tech firms by seeking their agreement on Show less Read more
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