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

theguardian.com

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

#331

Post by silvestrov »

autoexec wrote: post #238
silvestrov wrote: post #212

Earlier quoted context omitted.

I think a 3 strike against the CxO as a person will be more effective. 1st strike blocks you from working as CxO for 5 years, 2nd strike for 10 years, 3rd strike is forever. Right now too many bad CxO jump from one ship to the next again and again.

When a CxO gets their 2nd or 3rd company broken up they'll find it very hard to find a ship willing to let them on board. If you let the company get away with crimes over and over and only punish a CxO the company will simply hire a guy to take the fall for them. There's an endless number of people working minimum wage who would happily take a CxO title and salary for years knowing full well that there's a chance the…

#1: If a guy breakes the rules so much he gets a 3rd strike, I think it is perfectly reasonable he should never have a CxO job again. It is too easy getting away with serial white-collar crimes.

#2: It is not the company to decide who to take the fall. It is the court/judge.

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

#333

Post by orf »

gdprwhat wrote: post #297
hwillis wrote: post #295

Earlier quoted context omitted.

Instagram was just fined even more for the same thing. https://techcrunch.com/2022/09/05/instagram-gdpr-fine-childr...

1. How do regulators expect tech companies to verify the real age of users (without further intrusions of privacy)? 2. How do the regulators expect tech companies to verify the parents of child users? 3. Do regulators want tech companies to collect every child's birth certificate?

Use one of the many companies in this space to verify the users ID? Or push some development in this space to find a better way?

Or like, basically anything except pretending it’s not an issue and externalising the cost + issues onto everyone else while you reap fantastic profits?

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

#334

Post by karaterobot »

kevin_thibedeau wrote: post #328
karaterobot wrote: post #316

Earlier quoted context omitted.

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.

Not in Finland.

Does this comment in any material way relate to either my comment or the comment to which I was responding? I'd love to know more about how it works in Finland, but I can't figure out why you left this message.

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

#335

Post by mym1990 »

SeanAnderson wrote: post #185
mym1990 wrote: post #174

Any breaking of the law in regards to children needs to absolutely incinerate the offending party, this fine seems like a drop in the bucket. Kids these days are bombarded by terrible industry practices because companies know if they can get a child hooked, they could be a customer for life(or at least a period of time in their adulthood). In the US, kids are advertised to at literally every corner of their life...in…

What sort of fine would you consider not to be a drop in the bucket? This fine looks to be an estimated 1/8 of TikTok's profit in 2022.

Let's be real, the actual money paid out will be much less, and over a long period of time most likely. The number needs to be big enough to make other companies do everything they can to not let this kind of stuff happen. In current state these kinds of fine are probably just line items to account for if these companies get caught.

How about 100% of TikTok's profit in 2022, and go from there.

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

#336

Post by mym1990 »

ipaddr wrote: post #321
feoren wrote: post #302

Earlier quoted context omitted.

Taking pictures of every child that walks past your house and selling access to those pictures online? $2k still seems fair to you?

In your opinion is it too high, lower or someone not understanding what it means to be in public?

Future CEO material right here.

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

#337

Post by mym1990 »

paulddraper wrote: post #284
mym1990 wrote: post #174

Any breaking of the law in regards to children needs to absolutely incinerate the offending party, this fine seems like a drop in the bucket. Kids these days are bombarded by terrible industry practices because companies know if they can get a child hooked, they could be a customer for life(or at least a period of time in their adulthood). In the US, kids are advertised to at literally every corner of their life...in…

What is your frame of reference for considering 300+ million euro a drop ??

% of a certain year of revenue, % of a certain year of profit, market cap...I can go for a while.

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

#338

Post by mym1990 »

paulddraper wrote: post #323
feoren wrote: post #304

Earlier quoted context omitted.

The frame of reference is a revenue of $13.2 billion dollars. What is 2.6% of your annual revenue? Does that seem like a fair fine for illegally violating the privacy of children?

Tiktock global revenue was $9.4 billion last year. EU is like, what, a fifth of that at most?

2.6 billion in 2022, up from 1 billion in 2021, and surely more for 2023.

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

#339

Post by [deleted] »

valenterry wrote: post #90
personomas wrote: post #41

Earlier quoted context omitted.

[flagged]

Look, those apps can work without collecting any PII whatsoever. But if they make collecting PII part of their main revenue, then they should take the laws in their respective markets (countries) serious. Since TikTok implemented the required changes and also (apparently) did not complain about the policies themselves (e.g. being to complicated/ambiguous to implement) it really looks like it is solely on them. They v…

[deleted]

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

#340

Post by 5045444f »

martin_a wrote: post #35
jncfhnb wrote: post #19

Earlier quoted context omitted.

In one case you’re seeing a topless woman on the beach In the other case you have anonymous strangers rewarding children for edging closer to sexual performances

YouTube Shorts are also full of underage kids talking about their life, dancing and whatnot. Does not feel right to me, but I guess it is for YouTube.

Instagram reels are even worse in this regard. Really, TikTok seems to actually be doing the best to keep kids safe in this space, despite constant criticism to the contrary.
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