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TikTok settles children’s privacy suit with DOJ for $400 million
TikTok agreed to pay $400 million to settle a U.S.
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TikTok agreed to pay $400 million to settle a U.S. Department of Justice lawsuit alleging violations of children’s privacy laws. The DOJ hailed the settlement as a major victory, though the case did not produce proof that TikTok breached the law. ByteDance, TikTok’s parent company, is projected to generate $50 billion in revenue this year.
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