The DOJ announced Friday that TikTok and its parent company ByteDance will pay $400 million to settle allegations related to violations of federal children’s privacy laws.
Axios reports that the DOJ has reached a significant settlement with social media platform TikTok and its parent company ByteDance over violations of the Children’s Online Privacy Protection Act (COPPA). The $400 million agreement represents one of the largest settlements ever secured in a case involving the federal privacy law designed to protect minors online.
Associate Attorney General Stanley E. Woodward Jr. characterized the settlement as a major achievement for…
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