The Economic Times

TikTok reaches $400 million settlement with US Justice Department over children's privacy

TikTok has agreed to a $400 million settlement with the US Department of Justice. This resolution addresses allegations of violating federal children's privacy laws. The company will pay $300 million immediately and $100 million later. This action follows a 2024 lawsuit concerning data collection practices. The settlement aims to protect children's online privacy and data security.