TikTok to Pay $400 Million to U.S. Government to Settle Lawsuit Alleging App Violated Child-Safety Law

TikTok, the company behind the popular short-form video app, has agreed to pay $400 million to settle a U.S. government lawsuit alleging that a predecessor app violated the country’s Children’s Online Privacy Protection Act (COPPA). The Justice Department announced the settlement with TikTok and China-based ByteDance on Friday. Under the terms of the agreement, TikTok…