EU hits TikTok with $600 million fine over data transfers to China, company replies
TikTok has been fined 530 million euros (approx $600 million) by the European Union (EU), regulators have announced. The company, owned by Chinese tech giant ByteDance, has been found illegally sending the personal data of European users to China and failing to adequately ensure that this data was protected from potential access by Chinese authorities.
According to a report by news agency AFP, the penalty – one of the largest ever issued by the European bloc’s data protection authorities – follows a thorough investigation into the legality of TikTok’s data transfer practices.