By
Jeff Dale2023-09-15T17:50:00
The Irish Data Protection Commission (DPC) announced a penalty of 345 million euros (U.S. $368 million) against popular social media company TikTok over alleged violations of the European Union’s General Data Protection Regulation (GDPR) during a five-month period in 2020.
The fine against TikTok Technology Limited addresses alleged violations of Articles 5, 12, 13, 24, and 25 of the GDPR, specifically in relation to public-by-default and age-verification settings on its platform, the Irish DPC said in a press release Friday.
In total, TikTok was fined €165 million (U.S. $176 million) for the alleged violations of Articles 5 and 25 and €180 million (U.S. $192 million) regarding Articles 12 and 13, according to a final decision published by the European Data Protection Board (EDPB), which intervened in the cross-border case.
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President Donald Trump signed an executive order Monday delaying the Department of Justice (DOJ) from enforcing the long-awaited TikTok ban. While the social media platform’s fate is still up in the air, Trump signaled his support for it being sold, with the U.S. as a “partner.”
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TikTok is in hot water with the Department of Justice and Federal Trade Commission over widespread failures to comply with a 2019 consent order to enhance compliance with children’s privacy laws.
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TikTok is suspending new features amid an inquiry by the European Commission into its compliance with the Digital Services Act, all while responding to a U.S. ban just signed into law.
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It has been nearly six months now since the Department of Justice’s (DOJ) Criminal Division released its memorandum on the selection of compliance monitors. This article provides a critical analysis of the monitorships that received early terminations, those that remain in place, and the broader compliance lessons they impart.
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The founder of crypto exchange Binance, Changpeng Zhao, received a pardon from President Donald Trump. This pardon comes almost two years after Zhao signed a plea agreement and was sentenced to a four-month prison sentence.
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A former Wells Fargo risk officer previously ordered to pay $10 million by the Department of the Treasury’s Office of the Comptroller of the Currency (OCC) for her alleged role in the bank’s “fake accounts” scandal is completely off the hook, according to an OCC consent order issued Tuesday.
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