TikTok will reportedly face a fine of over €500 million ($553 million) for transferring Europeans’ private data to China. Bloomberg said on Thursday that Ireland’s data protection commission, which regulates TikTok owner ByteDance’s EU operations, could dish out the penalty before the end of April.
The fine results from a four-year investigation of TikTok’s data handling practices. The probe reportedly concluded that ByteDance broke Europe’s General Data Protection Regulation (GDPR) laws by transferring private user data to China to be accessed by engineers. The country
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