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The Chinese e-commerce platform "Timo" has reached a settlement with the state of Texas in the United States, which includes imposing restrictions on processing users' personal data to protect privacy and comply with American laws. The settlement involved the company's agreement not to send data to China unless necessary, hiring an independent party to audit the security of its code, conducting annual product safety tests, and removing products containing hazardous materials. Timo was fined 3 million dollars, with the possibility of additional fines reaching up to 8 million dollars per year in case of violations. These measures come amid investigations into illegal data collection and the potential access of the Chinese government to user information, amidst growing concerns about increased U.S. scrutiny of Chinese tech companies' practices.
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