Temu’s European headquarters in Dublin have been raided by EU regulators investigating a potential breach of foreign subsidy regulations. The Chinese online retailer, which is already in the European Commission’s spotlight over alleged failures to prevent illegal content being sold on its app and website, was raided last week without warning or any subsequent publicity. “We can confirm that the commission has carried out an unannounced inspection at the premises of a company active in the e-commerce sector in the EU, under the foreign subsidies regulation,” a commission spokesperson said…
Tag: Ireland
TikTok fined €530m by Irish regulator for failing to guarantee China would not access user data
TikTok has been fined €530m (£452m) by an Irish watchdog over a failure to guarantee that European user data sent to China would not be accessed by the Chinese government. Ireland’s Data Protection Commission (DPC) regulates TikTok across the European Economic Area (EEA), which includes all 27 EU member states plus Iceland, Liechtenstein and Norway. It found the Chinese-owned video-sharing app breached general data protection regulation (GDPR) by not addressing whether EEA user data sent to China would be shielded from that country’s authorities. The DPC said: “TikTok did not…
TikTok Fined by European Union for Mishandling Child Data
TikTok was fined roughly $370 million on Friday by European Union regulators for having weak safeguards to protect the personal information of children using the platform, a sign of increased scrutiny facing the social media service. TikTok’s default setting did not adequately protect children’s privacy, nor was the company transparent in explaining what it was doing with the data of users age 17 and younger, according to Ireland’s Data Protection Commission, which issued the penalty on behalf of the European Union. The fine of 345 million euros is the first…
TikTok, Shein and Other Companies Distance Themselves From China
As it expanded internationally, Shein, the rapidly growing fast fashion app, progressively cut ties to its home country, China. It moved its headquarters to Singapore and de-registered its original company in Nanjing. It set up operations in Ireland and Indiana, and hired Washington lobbyists to highlight its U.S. expansion plans as it prepares for a potential initial public offering this year. Yet the clothing retailer can’t shake the focus on its ties with China. Along with other brands like the viral social app TikTok and shopping app Temu, Shein has…