Earlier quoted context omitted.
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> we made changes to well before the investigation even began Tiktok was not compliant before 2021. Being compliant in 2022 doesn't magically end an investigation or sentence.
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TikTok fined €345M for breaking EU data law on children’s accounts
41–50 of 373 posts
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#42Re: TikTok fined €345M for breaking EU data law on children’s accounts
#43Drop in the bucket. Meaningless if anything a way for the EU regulators to wave the flag that they are maybe doing something but not so much as to take on TikTok
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#44i'm starting to feel like the EU found a business model to compensate for the fiscal tricks large companies are doing to avoid paying taxes. My only hope is that those laws won't prevent a new major high tech company to appear in the EU.
If respecting privacy prevents tech companies from forming, then we should all be celebrating when those tech companies fail to form.
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#45Re: TikTok fined €345M for breaking EU data law on children’s accounts
#46That's quite a fine for a single-country ruling, it's like 2.6% of a year of revenue — or 10 days.
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Re: TikTok fined €345M for breaking EU data law on children’s accounts
#47Drop in the bucket. Meaningless if anything a way for the EU regulators to wave the flag that they are maybe doing something but not so much as to take on TikTok
It may be, but they did fix the problem. They're lucky it's just a fine instead of an all-out ban.
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#48Drop in the bucket. Meaningless if anything a way for the EU regulators to wave the flag that they are maybe doing something but not so much as to take on TikTok
this isn't a drop in the bucket... 1-5 million is ... almost 0.5B$ is not quite a drop in the bucket...
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#49Earlier quoted context omitted.
So, protecting private data online, as little as the EU does, is oppression... Oppression of whom?
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The article states:
"It found that the “family pairing” scheme, which gives an adult control over a child’s account settings, did not check whether the adult “paired” with the child user was a parent or guardian."
Chapter 8, Article 1 of the GDPR[1] states:
"Where the child is below the age of 16 years, such processing shall be lawful only if and to the extent that consent is given or authorised by the holder of parental responsibility over the child."
This doesn't seem vague at all.
Re: TikTok fined €345M for breaking EU data law on children’s accounts
#50This is pretty interesting time with the social media / data companies. Will this be the new normal? Where, like clock work, another fine gets announced? Or will we transition through this period into one where they know how to, and also do, comply and the regulations don't change a ton?
Interesting, right? It's like they can make so much money from tracking people in other countries/jurisdictions that paying a fine to the EU once in a while is just part of the payroll.
Truly, I'm starting to think they think of it as opportunity cost then an actually fine.