TikTok settles with U.S. over child privacy concerns for $400 million

New York Times: Under the settlement announced Friday, TikTok will pay $300 million. The Justice Department also asked the court to eliminate the 2019 agreement, after which TikTok would pay the government an additional $100 million, according to a Justice Department news release.

The settlement is the latest by the Trump administration as it takes a softer approach toward ongoing government litigation against several major companies…

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