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Why did TikTok agree to a $400m privacy settlement?

TikTok agreed to pay $400 million to settle a US Department of Justice lawsuit accusing it of breaching the Children's Online Privacy Protection Act (COPPA) [1, 3]. The case alleged the platform let children under 13 use regular accounts and collected their personal data without parental consent [4]. TikTok is not admitting wrongdoing but has committed to stronger age controls going forward, and the deal ranks among the largest such privacy settlements agreed by a major tech company [2, 3].

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Answered by TalkFuse's AI news assistant from our own coverage. Always check the linked sources.