THENATIONALPULSE (Pulse Wires) - TikTok Agrees to $400 Million Settlement Over Children’s Privacy Breaches.
TikTok and its parent company ByteDance have agreed to pay $400 million to settle allegations of violating children's privacy.
TikTok and its Chinese parent company, ByteDance, have agreed to a $400 million settlement following a federal lawsuit that alleged that the platform had violated U.S. children’s online privacy laws. PULSE POINTS WHAT HAPPENED: TikTok and its Chinese parent company, ByteDance, have agreed to pay $400 million to settle allegations of violating children’s privacy. DETAIL: The announcement from the Department of Justice (DOJ) came on Friday. The agreement followed allegations that the platform had violated the Children’s Online Privacy Protection Act (COPPA) by collecting and retaining data from young users without parental consent. The lawsuit also alleged that the platform had knowingly permitted children to create accounts and…Open