TikTok hit with €530 million fine by EU over illegal data transfers to China | AI News Digest
The EU has fined TikTok €530 million for illegally transferring European users' data to China, violating GDPR regulations. TikTok has six months to comply with data processing laws or halt transfers to China. The company plans to appeal the decision, arguing that it does not reflect their current data protection measures under Project Clover. The fine consists of two penalties: €485 million for data transfer breaches and €45 million for transparency failures. This is not TikTok's first fine in Europe, as it previously faced a €345 million penalty for violating children's privacy. The DPC is also investigating TikTok's data storage practices after discrepancies were found regarding the location of European data.
