TikTok owner ByteDance Ltd. was fined €530 million ($600 million) by the
Ireland’s Data Protection Commission, the company’s main regulator in Europe, said TikTok infringed the bloc’s rulebook with the data transfers and gave it six months to suspend all illegal transfers.
The DPC said TikTok disclosed in April that European user data had been stored on servers in China — contradicting earlier evidence it sent to the regulator. Bloomberg reported the ...
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