TikTok agrees to $400 million US settlement over alleged child privacy violations TikTok and its Chinese parent company ByteDance have agreed to pay $400 million to settle a US department of justice lawsuit alleging violations of federal children's privacy laws. The settlement marks one of the largest recoveries under the Children's Online Privacy Protection Act (Copra).Under the settlement, TikTok will pay $300 million immediately and a further $100 million after an order is entered vacating an earlier consent decree involving TikTok's predecessor, Musical.ly, the DOJ said in a release.The justice department had sued TikTok and ByteDance in 2024, alleging that…