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TikTok reaches $400 million settlement with U.S. Justice Department over children’s privacy

Americas 5 sources 3 countries 29m ago

TikTok has reached a $400 million settlement with the U.S. Department of Justice to resolve a 2024 lawsuit alleging violations of federal children's privacy laws. Under the terms of the agreement announced on Friday, the company will pay $300 million immediately.

The remaining $100 million is contingent upon the entry of an order vacating a prior consent decree that the Federal Trade Commission had established in 2019 against TikTok's predecessor, Musical.ly.

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Channel NewsAsia Provides detailed payment breakdown including conditions tied to the 2019 FTC Musical.ly decree.
Read the full story at the source Channel NewsAsia · SG
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