TikTok Agrees to 400M Privacy Settlement

TikTok and ByteDance agreed to a 400 million dollar settlement with the US government over child privacy violations. The agreement resolves allegations that the app illegally collected data from users under 13.

FILE PHOTO: A logo is displayed over a door at the U.S. headquarters of the social media company TikTok in Culver City, California, U.S. January 17, 2025.

TikTok and its parent company agreed to a $400M settlement on Friday evening to resolve a U.S. Justice Department lawsuit over children's online privacy violations. The deal concludes litigation initiated in 2024 accusing the short-video platform of illegally collecting data from users under 13 without parental consent. The resolution removes legal uncertainty as the platform operates under new ownership structures in the United States.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.