TikTok Settles Children's Privacy Lawsuit for $400 Million
TikTok has reached a $400 million settlement with the U.S. Department of Justice over allegations that it violated children's online privacy laws. The social media platform will pay $300 million immediately and another $100 million after a consent decree involving its predecessor, Musical.ly, is vacated. The settlement follows changes in TikTok's ownership and management, as well as improvements in its privacy practices.56 sourcesSee all sources