TikTok gets fined $5.7 million for collecting children's data, announces new kid-friendly version

Success often comes at a price. For the company behind the video clip app TikTok, that price just so happens to be in the form of a record fine. 

According to a Feb. 27 Federal Trade Commission statement, the app formerly known as Musical.ly illegally collected data from children under the age of 13, and as a result was hit with a $5.7 million civil penalty.

“The operators of Musical.ly, now known as TikTok, knew children were using the app but they still failed to seek parental consent before collecting names, email addresses, and other personal information from users under the age of 13,” FTC Chairman Joe Simons said in a statement.  Read more...

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