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TikTok and its parent company, ByteDance, settled with the U.S. Justice Department for $400 million over allegations of violating children’s privacy laws. The case stemmed from claims that TikTok collected personal data from children and failed to comply with prior agreements to protect their information. The settlement includes an immediate payment of $300 million and $100 million related to a 2019 FTC order involving Musical.ly.
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