**JUST IN: Italy Fines TikTok €10 Million for Inadequate Protection of Minors**

The Italian antitrust authority imposed a €10 million fine on TikTok on Thursday, stating that the video app failed to adequately protect minors. "The company failed to implement appropriate mechanisms to monitor content published on the platform, especially content that could endanger the safety of minors and vulnerable individuals," said the AGCM watchdog in a statement.

**#TikTok #Italy #Fine #MinorsSafety #AGCM #SocialMediaRegulation**

**China Criticizes US TikTok Vote as "Gangster Logic"**

China has criticized the US vote on TikTok, calling it "gangster logic." On Thursday, China sharply condemned the US bill that would ban TikTok unless it severs ties with its Chinese parent company, rebuking Washington's actions.

**#China #US #TikTok #Regulation #PoliticalTensions**

**NEW: Former US Treasury Secretary Mnuchin Gathers Investors for TikTok Acquisition**

Former US Treasury Secretary under Trump, Steven Mnuchin, reveals plans to form an investor group for purchasing TikTok. He also serves as a "film producer" and investment banker at CastleRock.

**#StevenMnuchin #TikTok #Acquisition #Investment #CastleRock**

In conclusion, regulatory scrutiny around TikTok intensifies globally, with Italy imposing a substantial fine, China condemning US actions, and potential acquisition talks led by former US officials. As the platform navigates complex geopolitical challenges, its future remains uncertain amidst ongoing legal and strategic maneuvers.

**Keywords: TikTok, Italy, China, US, Regulation, Minors Safety, Acquisition, Geopolitical Challenges**