TikTok settles children’s data lawsuit one day after it was filed; lawsuit alleged COPPA violations

Makena Kelly reports:

TikTok’s parent company, ByteDance, reached a settlement on Wednesday with a group of parents who alleged that the company collected and exposed the data and personal information of minors, in violation of the children’s privacy law.

The plaintiff’s lawyer in the case, Gary Klinger, confirmed to The Verge that a proposed settlement of $1.1 million had been reached. In a statement, a TikTok spokesperson said that the company disputed many of the complaint’s claims, but had reached a “resolution.”

Read more on The Verge.