ByteDance agrees to $92 million privacy settlement with U.S. TikTok users

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ByteDance, the Chinese company that owns the short video app TikTok that has more than 100 million U.S. users, agreed to the settlement after more than a year of litigation.

“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,” TikTok said Thursday. The settlement still requires court approval.