TikTok Settles Children’s Privacy Suit with DOJ for $400 Million The recent settlement between TikTok and the US Department of Justice has been hailed as a "major victory" for children's online safety, but closer inspection reveals that this deal prioritizes appearances over actual accountability.
TikTok's reversal on data collection and account deletion practices in response to the lawsuit is hardly surprising.
With ByteDance, TikTok's Chinese parent company, projected to reach $50 billion in profits this year alone, it was clear that settling would be a more lucrative option than risking loss of the US market.