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Tencent, Baidu and Weibo Targeted in China Crackdown

China's online regulator is investigating internet giants Tencent (700.HK), Baidu (BIDU) and Weibo (WB), reports Bloomberg.

The Chinese government is targeting these companies' new services and the user generated content that they host. Here's Bloombergwith the details:

The Cyberspace Administration of China said Friday it’s instructed its Beijing and...