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TikTok fined €345M for breaking EU data law on children’s accounts

theguardian.com

311–320 of 373 posts

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#311
post #86
post #44

Earlier quoted context omitted.

If respecting privacy prevents tech companies from forming, then we should all be celebrating when those tech companies fail to form.

this is a naive take. companies will still be formed. they will just http 451 all EU users. like threads does right now. this will also mean losing out, but i guess europeans are used to losing out, and actually prefer it?

No-one is "losing out" by not having their personal data harvested, sold, and used willy-nilly - it might come as a surprise to some, but having one's rights be respected is actually beneficial.

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#313

Earlier quoted context omitted.

They kinda are but most EU companies just avoid it by not really collecting your data to begin with beyond what they need for service operation. At least in my experience, when I deal with a service in the EU, their privacy policy fits on a few A4s, with the important bits frontloaded and written in an easily understandable way. Even most banks don't really hide what they collect on you and they explain why they coll…

And every organization in the EU has had to deal with the fact that this is now law, and had to think what they needed to change to comply with it. All companies, but also e.g. tiny volunteer run organisations (my local scouts group asks for health insurance, medical information, allergies etc of the kids again and again for every camp they go on because they don't keep the forms around anymore for the next one like…

> (my local scouts group asks for health insurance, medical information, allergies etc of the kids again and again for every camp they go on because they don't keep the forms around anymore for the next one like they used to) .

A lot of people were wrongly influenced by DPD consulting wannabes on their first gig. I have seen small org burn years of contacts they could have kept or easily manage in respect with the provisions of the law.

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#314
post #171

Somehow doubt they will actually pay a penny of it though.

Why would you doubt it? Unless tiktok wins in court, the EU could remove them from all the app stores if they don't pay up.

they moved everything to London in 2020. Bytedance are already under US and EU sanctions.

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#316

Earlier quoted context omitted.

I think that number is their revenue rather than their profit, which is probably closer to $3 billion. So, this fine would be (very roughly) 10% of their profits for the year.

Fines against companies should be revenue based instead of profit based. Companies have too much wiggle room from revenue to profit.

I think they should be based on guidelines that take into consideration the damage the company did, irrespective of the amount of money they make or have in the bank. That's how it works for the likes of you and me.

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#317

Where does the money go?

The country issuing the fine. Previously for Meta it was Ireland and Amazon it was Luxembourg.

In this case Ireland will collect but this is on behalf of the entire EU. Where does it go after?

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#318

Earlier quoted context omitted.

I'm confused. What's the connection?

The EU has made a deal, investing massive amounts of money into North African countries to keep refugees from crossing the sea. The EU representatives negotiating the deal knew exactly what was going on, even before the deal was happening. There's no easy solution to the mass immigration problem, but this "solution" makes things worse for everyone.

Thanks for the explanation!

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#319

Earlier quoted context omitted.

If you make $100k in a year in wages, and after all your expenses you net $16k in savings, 1/8 of that is $2k. Imagine violating some law that harms children and your fine is $2k.

>Imagine violating some law that harms children and your fine is $2k. "Harms children". To make the analogy fair, imagine you're keeping a diary, and recording the observable information of every child that walks past your house. $2k seems like a reasonable fine.

I've seen people walk past news reporters with children. They even asked them questions about Santa Claus. Then they sold advertising to display before and after that event. Then they showed it to the public. What fine should we impose? 10%

Re: TikTok fined €345M for breaking EU data law on children’s accounts

#320

Earlier quoted context omitted.

you know how it's not too much? they can afford it.

What a deranged idea, you're implying it's okay to bankrupt a company just for a minor privacy violation.

A privacy violation is never minor.
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