Source: MediaPost

TikTok: TikTok Facing $550M In Privacy Violation Fines

According to a report from Bloomberg, TikTok will be fined by Ireland's Data Protection Commission by the end of the month. The fine, equivalent to about $553 million, stems from an investigation that found a breach of the EU's General Data Protection Regulation, as user data has allegedly been sent to China to be accessed by engineers.

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Est. Annual Revenue
$5.0-10B
Est. Employees
5.0-10K
Shou Zi Chew's photo - CEO of TikTok

CEO

Shou Zi Chew

CEO Approval Rating

81/100

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