The Chinese platform has reached an agreement with the US Department of Justice to settle charges of illegally collecting children's personal data. The announcement comes as US and European authorities intensify their pressure on social media companies.
TikTok has agreed to pay up to $400 million to settle legal proceedings in the United States, the US Department of Justice announced on Friday, August 21. The platform was accused of illegally collecting personal data belonging to minors.
This agreement comes amid a general tightening of regulations by authorities, both in the United States and in Europe, towards major social media platforms, which are regularly criticized for their inability to effectively protect younger users.
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