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TikTok reaches $400M settlement with DOJ over alleged children's privacy law violations

TikTok and its parent company, ByteDance, have agreed to pay $400 million to settle with the Department of Justice (DOJ) over allegations the platform violated a children’s online privacy law, the agency said Friday. The company will pay $300 million immediately and another $100 million after a court dismisses an earlier consent decree entered against...

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