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EU opens new probe into TikTok data transfer to China
EU opens new probe into TikTok data transfer to China
Economy
by  AFP

An Irish regulator helping police European Union data privacy said Thursday it had launched an investigation into TikTok over the transfer of European users' personal data to servers in China. The DPC on Thursday said it had been informed by TikTok in April that "limited EEA user data had in fact been stored on servers in China," contrary to evidence presented by the company.

Italy probes UK online bank Revolut for 'misleading' clients
Italy probes UK online bank Revolut for 'misleading' clients
Economy
by  AFP

Italy's competition watchdog said Thursday it had opened an investigation into UK online bank Revolut over "misleading" messages to customers about its investment services. The Competition and Market Authority (ACGM) also alleged that the bank employed "aggressive ways" of handling banking services.