Todd Spangler NY Digital EditorTikTok, owned by China’s ByteDance, has agreed to a settlement resolving a federal class-action lawsuit claiming the short-form video app wrongfully collected users’ biometric data and shared it with third parties.Under the terms of the settlement, TikTok will pay $92 million toward a fund for users who claim their personally identifiable information was improperly used by the app.
The agreement also require that TikTok establish a new privacy-compliance training program and take other steps to protect its users’ privacy going forward.If the settlement is approved by the court, affected TikTok users will receive information about how to receive a share of the funds.
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