South Korea had fined video sharing platform TikTok Pte Ltd. 186 million won for mishandling user data amid growing global privacy concerns of the social media service.
According to the Korea Communications Commission (KCC), the social media app violated telecommunication laws when it collected 6,000 pieces of data of users under the age of 14 without parental consent, and transferred personal data to its servers in the United States and Singapore without adequately notifying users.
The KCC investigated TikTok in October last year after the US found it illegally collecting data and fined the company US$5.7 million in February 2019.
US President Donald Trump recently announced that it may ban on TikTok due to privacy issues.
India had banned the app late last month over diplomatic tension with China after deadly border clashes.
TikTok had amassed 3.4 million users in South Korea as of December last year, gaining a massive following among teenagers since it was launched locally in 2017 as many K-pop groups and artists used it.
The app had been globally downloaded over 2 billion times as of the first quarter.


Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Supreme Court Signals Skepticism Toward Hawaii Handgun Carry Law
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Washington Post Publisher Will Lewis Steps Down After Layoffs
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
New York Judge Orders Redrawing of GOP-Held Congressional District
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 



