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

Mashable: 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.”

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