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- October 13, 202618°
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- October 13, 202618°
TikTok to settle U.S. children’s privacy lawsuit for $400 million
TikTok and its parent company, ByteDance, will resolve a lawsuit alleging violations of the U.S. children’s online privacy law by paying $400 million. TikTok will pay $300 million immediately, while the remaining $100 million will be paid after the court vacates a settlement decision related to the period when the company was known as Musical.ly.
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