EU says TikTok hasn't done enough to ensure minors' safety

The European Commission states that TikTok has not done enough to ensure the safety of minors on its platform. According to the EU, the company may be violating the Digital Services Act by failing to adequately protect the privacy and accounts of children. These findings could result in a significant financial penalty for the company, with potential fines reaching up to six percent of TikTok's total annual revenue for these regulatory failures.