TikTok has reached a $400 million settlement with the U.S. Department of Justice, ending a 2024 lawsuit alleging the company violated federal children’s privacy laws.

The settlement ends a lawsuit filed by the Biden administration.

Under the settlement, TikTok will pay US$300 million immediately and an additional US$100 million upon entry of an order vacating a prior consent decree entered with the Federal…

The Justice Department and Federal Trade Commission jointly sued TikTok in 2024.