TIKTOK HAS BEEN fined €345 million by Ireland’s data watchdog following an investigation into how the social media platform processed children’s data. The fine was imposed on TikTok Technology Limited (TTL) by the Data Protection Commission (DPC) after the probe into how certain privacy settings and features complied with obligations under the EU’s General Data Protection Regulation. The DPC inquiry examined age verification as part of the registration process and the processing of the personal data of children by the Chinese-owned video-sharing platform between 31 July and 31 December 2020. Tiktok said that it “respectfully disagreed” with the level of…