DOJ Drops Data Privacy Claims in TikTok Lawsuit, Pursues Child Privacy Violations
The U.S. Justice Department has decided not to pursue allegations that TikTok misled U.S. consumers about its data security, in a significant development concerning its ongoing legal battle. According to sources familiar with the decision, the department will now focus…
TikTok’s Parent Company, ByteDance, Sees Surge in Profit Amid U.S. Ban Threats
Despite growing uncertainty over TikTok’s future in the United States, its Chinese parent company, ByteDance, has posted impressive financial results. Bloomberg reported that ByteDance’s profit surged by 60% in 2023, reaching over $40 billion, compared to $25 billion in 2022….