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Alabama Says TikTok to Pay Up to $300 Million Over Child Safety
Source: Bloomberg
Legal & LitigationRegulation & LegislationCybersecurity & Data PrivacyMedia & Entertainment
TikTok agreed to pay up to $300 million and implement new user-protection measures to settle Alabama's child-safety lawsuit, avoiding a jury trial that had been scheduled to begin Monday. The settlement creates a material legal and regulatory cost for the platform while increasing scrutiny of its safeguards for younger users.
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