If it’s not percentage based that’s just the cost of breaking that law if you feel like it.
TikTok fined €345m for breaking EU data law on children’s accounts
Submitted 1 year ago by boem@lemmy.world to technology@lemmy.world
Comments
IIIIII@sh.itjust.works 1 year ago
deur@feddit.nl 1 year ago
kbin.social/m/technology@lemmy.world/t/…/2365849
Because 3.7% of their yearly revenue totally isnt important at all, nope! It’s not like it’s 0.3% from the fine’s maximum allowed percentage of 4.0% or anything.
i_lost_my_bagel@seriously.iamincredibly.gay 1 year ago
not nearly enough
johan@feddit.nl 1 year ago
Good start though, right? More than most fines for similar infractions
TheGreatFox@lemm.ee 1 year ago
How were those other fines percentage-wise? According to another comment, this is a 3.7% fine.
PlexSheep@feddit.de 1 year ago
That’s cool. Sounds like a win for data security (How do I translate Datenschutz to English?)
Sinupret@feddit.de 1 year ago
Datenschutzgrundverordnung (DSGVO) is called general data protection regulation (GDPR) in english, so data protection seems to be fitting for the context.
PlexSheep@feddit.de 1 year ago
Ah damn, I forgot. Thanks!
autotldr@lemmings.world [bot] 1 year ago
This is the best summary I could come up with:
TikTok has been fined €345m (£296m) for breaking EU data law in its handling of children’s accounts, including failing to shield underage users’ content from public view.
The Irish data watchdog, which regulates TikTok across the EU, said the Chinese-owned video app had committed multiple breaches of GDPR rules.
The Duet and Stitch features, which allow users to combine their content with other TikTokers, were also enabled by default for under-17s.
TikTok said the investigation looked at the company’s privacy setup between 31 July and 31 December 2020 and said it had addressed the problems raised by the inquiry.
All existing and new TikTok accounts for 13- to 15-year-olds have been set to private – meaning only people approved by the user can view their content – by default since 2021.
This meant it had to include a proposed finding by the German regulator that the use of “dark patterns” – the term for deceptive website and app designs that steer users into certain behaviours or making particular choices – breached a GDPR provision on fair processing of personal data.
The original article contains 528 words, the summary contains 180 words. Saved 66%. I’m a bot and I’m open source!
_haha_oh_wow_@sh.itjust.works 1 year ago
“Oh no. Anyways…”
-TikTok
GigglyBobble@kbin.social 1 year ago
Well, TikTok made an estimated $9.4B in revenue in 2022 making that fine 3.7% of their revenue. That's pretty big.
Gyrolemmy@lemmy.world 1 year ago
Yeah i would imagine as a percentage of their income it is at least a double digit %