TikTok has been fined €530m (£452m) by an Irish watchdog over a failure to guarantee that European user data sent to China would not be accessed by the Chinese government.
Ireland’s Data Protection Commission (DPC) regulates TikTok across the European Economic Area (EEA), which includes all 27 EU member states plus Iceland, Liechtenstein and Norway.
It found the Chinese-owned video-sharing app breached general data protection regulation (GDPR) by not addressing whether EEA user data sent to China would be shielded from that country’s authorities.
I hope governments all around the world see these multinational big tech corpos as some sort of ATMs so that they can fund something that actually matters