TikTok faces fine over 500 million euros for EU data sent to China

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TikTok owner ByteDance Ltd. is set to be hit by a privacy fine of more than 500 million euros for illegally shipping European users’ data to China, adding to the growing global backlash over the video-sharing app.

Ireland’s data protection commission, the company’s main regulator in Europe, will issue the penalty against TikTok before the end of the month, according to people familiar with the matter.

The move comes after a lengthy investigation found the Chinese business fell foul of the European Union’s General Data Protection Regulation in…



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TikTok faces fine over 500 million euros for EU data sent to China


TikTok owner ByteDance Ltd. is set to be hit by a privacy fine of more than 500 million euros for illegally shipping European users’ data to China, adding to the growing global backlash over the video-sharing app.

Ireland’s data protection commission, the company’s main regulator in Europe, will issue the penalty against TikTok before the end of the month, according to people familiar with the matter.

The move comes after a lengthy investigation found the Chinese business fell foul of the European Union’s General Data Protection Regulation in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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