pufferfisherpowder

joined 2 years ago
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TikTok parent company Bytedance sets aside $1 Billion to cover future European data privacy fines as the Chinese company faces a barrage of lawsuits over its mishandling of children’s data in c/technology@lemmy.world
[–] pufferfisherpowder@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

It's literally in the last paragraph of the summary. You didn't even have to click the article. The EU can fine up to 6% of the global revenue.