TikTok Agrees to $400 Million Settlement in U.S. Child Privacy Lawsuit

Summary

The U.S. Department of Justice (DoJ) announced on Friday that ByteDance-owned TikTok will pay $400 million to settle a 2024 lawsuit accusing the company of violating child privacy laws in the country. As part of the settlement, the social media platform will pay $300 million immediately, and an additional $100 million "upon entry of an order vacating a prior consent decree entered against