TECH CRUNCH - TikTok is facing a $29M fine after the U.K.'s Information Commissioner's Office (ICO) provisionally found that the company breached child data protection laws for 2 years. The ICO noted that the company allegedly processed data of children under the age of 13 without parental consent. Additionally, it said the company may have "failed to provide proper information to its users in a concise, transparent and easily understood way" and "processed special category data, without legal grounds to do so."