TikTok Fined $368 Million By EU Over Child Privacy Violations

TikTok was fined €345 million by Irish regulators for violating EU data privacy laws regarding children's accounts.
The investigation found TikTok's default settings exposed minors' profiles and data to the public and adult users.
TikTok's parental controls were deemed insufficient, allowing unverified adults to modify privacy settings.
Regulators required TikTok to update its practices within 3 months, though TikTok disputes some findings.
This represents TikTok's largest EU fine to date over children's privacy concerns previously raised in the UK, US.