U.S. judge signals rejection of part of TikTok $400 million privacy settlement
A US judge has indicated that he may reject part of a proposed $400 million settlement between TikTok, its parent company ByteDance, and the US Justice Department. The settlement, agreed to in August, aimed to resolve allegations that TikTok violated US children's online privacy laws.
Under the deal, TikTok agreed to pay $300 million immediately and a further $100 million if a court terminated a 2019 consent decree imposed by the Federal Trade Commission on TikTok's predecessor, Musical.ly, according to Investing.com.
US District Judge George H. Wu in Los Angeles said he was inclined to reject the request to end the consent decree, citing a lack of information to determine if it constitutes a durable remedy or if termination is suitably tailored to the asserted change in circumstance. The consent decree requires TikTok to maintain certain reporting and record-keeping obligations through 2029.
Brief written by urgent.news from CNBC, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
