TikTok has been fined 345 million euros ($370 million) for breaching privacy laws regarding the processing of children’s personal data in the European Union, its lead regulator in the bloc said on Friday. The Chinese-owned short-video platform, which has grown rapidly among teenagers around the world in recent years, breached a number of EU privacy laws between July 31, 2020, and Dec. 31, 2020, Ireland’s Data Protection Commissioner (DPC) said in a statement. It is the first time ByteDance-owned TikTok has been reprimanded by the DPC, the lead regulator in the EU for many of the world’s top tech firms...