TikTok to Pay $92M Settlement

TikTok has agreed to settle a lawsuit alleging that the app captured biometric and private data from users in the U.S. Several law firms reached a settlement with the social media app on Thursday, with TikTok agreeing to pay $92 million.

The lawsuit also alleges that TikTok passed private user data on to third parties. The settlement would require the company to "initiate a new privacy compliance training program," the law firms said in a joint press release.

"While we disagree with the assertions, rather than go through lengthy litigation, we'd like to focus our efforts on building a safe and joyful experience for the TikTok community," a TikTok spokesperson stated

The $92 million will be used to compensate TikTok users. The settlement still needs to be approved by a court.

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