TikTok and ByteDance Agree to $400 Million Children’s Privacy Settlement

The US Department of Justice has reached a $400 million settlement with TikTok, ByteDance, and related companies over alleged violations of the Children's Online Privacy Protection Act. The agreement addresses a 2024 DOJ lawsuit that accused the companies of breaching COPPA rules as far back as 2019. TikTok is set to pay $300 million now, with an additional $100 million due if a court vacates an earlier consent decree involving Musical.ly, its predecessor.