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China’s TikTok Hit with $368 Million Fine Under EU’s Strict Data Privacy Rules

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European regulators hit the China-owned app TikTok with a $368 million fine on Friday for failing to protect children’s privacy on the platform. This is reportedly first time that the Chinese app has been punished over Europe’s strict data privacy rules.
Ireland’s Data Protection Commission, the lead privacy regulator for Big Tech companies, said it is fining TikTok €345 million — which comes to roughly $368 million — over violations stemming from the second half of 2020, according to a report by Associated Press.
TikTok has been accused of setting their system up so that whenever teen users signed up for the Chinese app, their profiles were set to public by default, allowing anyone to view and comment on their videos.

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