China internet authority formalizes regulations for live-streaming industry

By Catherine Cadell BEIJING (Reuters) - Chinese internet authorities have formalized controversial rules regulating the country's fast-growing live-streaming video industry, in a move that strips out smaller competitors and places hard-line surveillance measures on leading firms. In an announcement posted on their website on Friday, the Cyberspace Administration of China grouped a handful of earlier restrictions under a final 24-point regulation that will come into effect on Dec. 1. The rules re