Key facts
- Brazil's data protection authority has fined TikTok's parent company, ByteDance, approximately $30 million.
- The fine is for mishandling the data of minors.
- The penalty is described as a record amount for the platform in Brazil.
Brazil's data protection authority has levied a fine of nearly $30 million on TikTok's parent company, ByteDance. The penalty stems from concerns over the mishandling of data belonging to minors who use the popular social media platform. This action marks a significant regulatory move against the company in the South American nation, with the fine being described as a record amount for the platform.