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The U.S. Department of Justice has approved a settlement with TikTok and its parent company, ByteDance, involving a payment of $400 million due to allegations of violating online children's privacy protection laws. TikTok will pay $300 million immediately, along with an additional $100 million following a decision related to a previous settlement connected to its operations, making it one of the largest amounts ever collected in children's privacy protection cases. This measure aims to penalize potential violations of children's privacy and to promote compliance with federal laws in this area.
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