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TikTok owner ByteDance Ltd. is set to be hit by a privacy fine of more than 500 million euros for illegally shipping European users’ data to China, adding to the growing global backlash over the video-sharing app.
Ireland’s data protection commission, the company’s main regulator in Europe, will issue the penalty against TikTok before the end of the month, according to people familiar with the matter.
The move comes after a lengthy investigation found the Chinese business fell foul of the European Union’s General Data Protection Regulation in…
