An internet control agency in China fined social media giant Weibo 3 million yuan ($470,000) on Dec.14 for repeatedly publishing illegal information on the heavily censored internet. For the year to November, Sina Weibo, the country’s most popular microblogging platform, has faced 44 fines totaling 14.3 million yuan ($2.2 million) by the Cyberspace Administration of China’s (CAC) office in Beijing. The regulator said in a Tuesday statement that Weibo has repeatedly published “information that was forbidden by regulations and laws.” The watchdog didn’t specify the content it deemed to be illegal. Weibo said on Tuesday that it “sincerely accepts criticism” from the CAC and pledged to “implement the rectification requirement.” The announcement comes weeks after former tennis star Peng Shuai made sexual assault allegations against retired  Chinese Communist Party (CCP) official Zhang Gaoli on the Twitter-like platform. The post was no longer visible on Peng’s verified Weibo account around 30 …