February 8, 2017
March 15, 2019
I’m trying to work through some thoughts about how companies repeatedly take advantage of consumers’ privacy in the US. The latest being TikTok, a video sharing app acquired from musical.ly, which has agreed to pay $5.7 million to settle allegations that it collected personal information from children – a violation of COPPA or the Children’s Online Privacy Protection Act. Of note, TikTok is a $75 billion – with a B – dollar startup. In GDPR terms, the maximum fine for egregious behavior could be 4% of gross revenues or in TikTok’s case $3 billion – with a B – dollars, which is a far cry from the fine that the FTC assessed for their alleged COPPA violations (FTC’s largest ever COPPA fine).Continue reading this post...