TikTok and ByteDance Agree to $300 Million Settlement Over Children's Privacy
Summary
TikTok and ByteDance have agreed to pay the US Justice Department $300 million to settle allegations that they violated children's privacy laws. The settlement includes an additional $100 million penalty if the government terminates a related 2019 Federal Trade Commission consent decree. The case centered on accusations that TikTok failed to properly verify users' ages and did not obtain parental consent for children under 13. This settlement comes amid significant changes to TikTok's US operations, privacy practices, and protections for younger users.
(Source:Zipfm)