HONG KONG, May 8 (Reuters) - U.S. investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business at over $4 ...

Institutions like Goldman Sachs and Rhodium Group have created models based on import and electricity data to estimate real GDP. Their estimates place China's 2024 growth at 2.4% to 3.7% ...

BEIJING: China on Saturday denied it required companies to hand over data after TikTok was hit with a massive fine in the European Union for its handling of personal data. The social media giant ...

As an Amazon Associate, we earn from qualifying purchases. TweakTown may also earn commissions from other affiliate partners at no extra cost to you. TL;DR: TikTok faces a €530 million fine from ...

Video-sharing app TikTok has confirmed it plans to appeal a €530 million fine ... the Irish Data Protection Commission over the transfer of the personal data of European users to China.

TikTok was hit with a massive EU fine of €530 million (US$600 million) on Friday, accused of sending personal data of Europeans to China and failing to guarantee it was shielded from access by ...

EU regulators hit TikTok with a $600 million fine for unlawful data transfers to China. They said TikTok failed to ensure EU-level data protection under Chinese law. The social media giant said on ...

An Irish court laid down the fine for TikTok’s breach of the ... for sending European users’ data to servers in China, a breach of the European Union’s General Data Protection Regulation ...

The company has been fined €485 million for its data transfers to China and €45 million for the lack of transparency in its privacy policy. The fine is the third-largest ever for a breach of the EU’s ...

TikTok owner ByteDance Ltd. was fined €530 million ($600 million) by the European Union for illegally sending user data to China, and warned that it didn’t do enough to keep that information ...