TikTok set to be fined €500m by DPC for GDPR breach

TikTok set to be fined more than €500m by its European regulator, Ireland’s Data Protection Commission (DPC) over a data privacy breach under GDPR. TikTok continues to make headlines today with reports that Ireland’s Data Protection Commission (DPC) will hit its parent company ByteDance with a fine later this month that could be upward of €500m, according to reporting from Bloomberg. It would make this the third highest fine for any company under Europe’s GDPR (General Data Protection Regulation), following huge fines on Meta (€1.2b) and Amazon (€746m) in recent years. The fine would follow a lengthy investigation, instigated by…