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US Reaches $400million Settlement With TikTok, ByteDance Over Children's Privacy Violation Allegations
.The United States Department of Justice has announced a $400 million settlement with TikTok, ByteDance and affiliated entities, resolving litigation over alleged violations of the Children’s Online Privacy Protection Act and its implementing regulations, known as COPPA. Under the terms of the settlement, TikTok will pay $300million immediately, while an additional $100million will be paid upon the entry of an order vacating a prior consent decree entered against TikTok’s predecessor, Musical.ly.
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axios.com
Scoop: DOJ, TikTok settle for $400 million in children's privacy suit
The settlement ends a lawsuit filed by the Biden administration.
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cryptobriefing.com
Justice Department and TikTok settle children's privacy lawsuit for $400M
TikTok and ByteDance will pay $400 million to settle DOJ allegations of violating children's online privacy laws under COPPA without admitting
