TikTok Agrees to Pay $4 Billion in Settlement Over Children's Data

TikTok has agreed to pay the US government $4 billion (5,500 billion won) to settle a lawsuit alleging that the company mishandled children's…

This is the largest settlement ever made regarding children's data protection issues. The agreement stems from a lawsuit initiated by the Biden administration in 2024, which claimed that TikTok and its parent…