PANews reported on April 3 that according to Bloomberg, TikTok's parent company ByteDance may be fined more than 500 million euros (about 553 million U.S. dollars) by the Irish Data Protection Commission for violating the EU's General Data Protection Regulation (GDPR), becoming the third highest fine in the history of the regulator. The investigation found that TikTok transferred European user data to China and provided access to engineers, violating data protection regulations. The regulator will also require TikTok to stop related data processing within a limited time.