TikTok reaches $400 million settlement with Justice Department over children's privacy
World2 sources2 countries🔦 Under-reported44m ago
TikTok and its Chinese parent company, ByteDance, have agreed to a $400 million settlement with the United States Justice Department to resolve allegations that the short-form video platform violated children's online privacy. The agreement was reached on Friday following a lawsuit filed by the Justice Department in 2024 accusing the companies of failing to protect young users.
Under the terms of the financial agreement, TikTok will pay $300 million immediately. The remaining $100 million will be paid after an official order vacates a prior consent decree previously issued against Musical.ly, TikTok's predecessor company.
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Express Tribune (Karachi, Pakistan) (PK)Highlights ByteDance involvement and US lawsuit over online privacy failures.