TikTok to pay $400 million to settle US children's privacy lawsuit

TikTok has agreed to pay $400 million to settle a lawsuit brought by the US Department of Justice alleging the video-sharing platform violated children's privacy. The settlement resolves claims that TikTok breached federal children's privacy rules, according to the Department of Justice. Under the agreement, TikTok will pay $400 million to resolve the case, which centered on allegations that the company failed to comply with US regulations protecting children's personal data. The settlement comes after a legal process between the company and the Justice Department. The lawsuit focused on the handling of data belonging to child users on the platform. The settlement ends the federal case, though the specific terms and conditions of the payment arrangement stem from negotiations between the Department of Justice and TikTok. The agreement marks one of several legal challenges TikTok has faced in the US over children's privacy compliance. No further details on implementation of the settlement were immediately available.