US comes for TikTok’s kids’ data with a $400 mn bill

Meanwhile, the Economic Times daily newspaper is available online now.

Key points

• Canada Class Action Lawsuit: $8.7 million settlement offers eligible Canadians up to $5, 000 – Check who qualifies and how to claim compensation.
• Washington: TikTok has reached a USD 400 million settlement with the US Department of Justice, ending a 2024 lawsuit alleging the firm violated federal children's privacy laws.
• TikTok has agreed to a $400 million settlement with the US Department of Justice.
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Meanwhile, the Economic Times daily newspaper is available online now. TikTok reaches $400 million settlement with US Justice Department over children's privacy. 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 firm will pay $300 million immediately and $100 million afterwards. This action follows a 2024 lawsuit concerning data collection practices. For context, the settlement intends to protect children's online privacy and data security.

Washington: TikTok has reached a USD 400 million settlement with the US Department of Justice, ending a 2024 lawsuit alleging the firm violated federal children's privacy laws. The DOJ remarked Friday that TikTok will pay USD 300 million immediately and another USD 100 million after an order vacates an earlier consent decree against its predecessor business, Musical.ly. "This settlement is a major victory for American children and parents, " remarked US Associate Attorney General Stanley E. Woodward Jr. In an official note. "The Department's priority is ensuring that children are protected online and that firms entrusted with their personal information meet their legal obligations. This resolution secures a substantial recovery while reinforcing the protections that families expect and deserve."

Teen drops landmark social media addiction case against Meta, Google, Snap Since the DOJ's lawsuit in 2024, TikTok has undergone major changes, most notably in the ownership structure of its US arm. In January, the social video platform firm signed agreements with major investors including Oracle, Silver Lake and the Emirati investment firm MGX to form the new TikTok US joint venture. Live Events.

Representatives for TikTok did not immediately respond to a message for comment Friday. The latest lawsuit focused on allegations that TikTok and its China-based parent firm ByteDance violated a federal law that requires kid-oriented apps and websites to secure parental consent before collecting personal information of children under 13. It additionally states the firms failed to honor requests from parents who wanted their children's accounts deleted, and chose not to delete accounts even when the firms knew they belonged to kids under 13. The settlement comes as social media firms face an avalanche of lawsuits over children's safety and privacy and a growing number of countries are banning young kids and teens from social media apps. Instagram's parent firm, Meta Platforms, is at present on trial in federal court in Oakland, California, over allegations it violated the 1998 Children's Online Privacy Protection Act, or COPPA, along with various state statutes. Add Now!

TikTok settlementUS Justice Departmentchildren's privacy lawsMusical.ly consent decreesocial media lawsuitsByteDance privacy issuesTikTokmetaTikTok privacy changesparental consent for kids apps.

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Taken together, the developments around US comes for TikTok's kids' data with a $400 mn bill point to a situation that is still moving, and the coming days should bring more clarity.