TechU.S. judge signals rejection of part of TikTok's proposed $400 million privacy settlement
CNBC reports that TikTok agreed to pay $300 million, plus another $100 million if a court terminated a 2019 FTC consent decree imposed on its predecessor, Musical.ly.
TLDR
Reuters reports that a federal judge indicated he would reject part of TikTok and ByteDance's proposed $400 million privacy settlement with the U.S. Justice Department. CNBC describes the payment terms as $300 million plus a further $100 million if a court terminated a 2019 consent decree imposed by the Federal Trade Commission on TikTok's predecessor, Musical.ly.
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U.S. judge signals rejection of part of TikTok's proposed $400 million privacy settlement
CNBC reports that TikTok agreed to pay $300 million, plus another $100 million if a court terminated a 2019 FTC consent decree imposed on its predecessor, Musical.ly.