Is TikTok’s $92 million settlement real?
The settlement is real. TikTok parent company ByteDance agreed in February to pay $92 million as part of a class-action payout to settle allegations of harvesting personal data from users without their consent.
What is TikTok doing with your personal data?
Under the proposed terms of the settlement, TikTok will no longer record a user’s biometric information, including facial characteristics, or track a user’s location using GPS data.
Why are TikTok and Snapchat settle lawsuits?
Social media p latforms TikTok and Snapchat are settling class-action privacy lawsuits over claims that they unlawfully collected and disclosed people’s privacy data. Cases were brought against both social media platforms in Illinois with allegations that they violated the state’s Biometric Information Privacy Act.
Is there a TikTok privacy class action lawsuit?
The TikTok Privacy Class Action Lawsuit is In re: TikTok Inc. Consumer Privacy Litigation, Case No. 1:20-cv-04699, in the U.S. District Court for the Northern District of Illinois. Please note: Top Class Actions is not a settlement administrator or law firm.
Did the TikTok settlement get approved?
A federal judge in Illinois has granted final approval for a $92 million class-action lawsuit settlement between the social media network TikTok and users of the platform, with Illinois residents set to receive the largest share of the payout.
How much does TikTok pay per settlement?
If approved, the Settlement could pay $92,000,000 to those who file claims. However, the actual payout for individual users is far less; if all 130 million monthly US users filed, each would receive around 70 cents.
How do I claim my TikTok money?
How to Withdrawal from TikTokOpen the TikTok app.Select your “Profile” and tap on the three horizontal lines in the upper-right corner, which takes you to settings.Select “Settings and privacy.”Select “Balance.”Tap on “Live Gifts.”Select “Withdraw.”Log into your registered PayPal account.Confirm the withdrawal.
Why is TikTok giving money?
On July 22, 2020, TikTok announced their new Creator Fund, pledging to give $200M U.S. to “encourage those who dream of using their voices and creativity to spark inspirational careers.”
Who is eligible for TikTok settlement?
A Settlement1 has been reached in this case and affects the following persons: All persons residing in the United States who registered for or used the Musical.ly and/or TikTok software application prior to the Effective Date when under the age of 13 and their parents and/or legal guardians (the “Settlement Class”).
What is the TikTok class-action settlement?
TikTok agreed to pay $2 million to resolve allegations that its app violated the privacy rights of users. The settlement resolves two class action lawsuits in British Columbia, both of which alleged TikTok collected private information from minors and adults alike.
Does TikTok owe money?
According to the settlement, U.S. residents who used TikTok prior to September 30, 2021, may submit a claim to receive a payment. What is this? If approved, the Settlement could pay $92,000,000 to those who file claims. The final payout will be based off how many claims are filed.
What is snap settlement?
Snap, the parent company of Snapchat, has reached a $35 million settlement in a class action lawsuit in Illinois. The suit alleges that Snapchat's filters and lenses violated Illinois' Biometric Information Privacy Act (BIPA), which is a powerful state measure that has tripped up tech companies in recent years.
That TikTok notification about a settlement payment isn't a scam. Here's what to know
If you’ve used TikTok — or its predecessor Musical.ly — before Oct. 1, you may be eligible for compensation as part of a $92 million settlement against the app.
What is this lawsuit?
The settlement is the result of an amalgamation of 21 lawsuits, many of which were filed on behalf of minors.
What is this lawsuit?
The settlement is the result of an amalgamation of 21 lawsuits, many of which were filed on behalf of minors.
Who is eligible for the settlement? How much will you actually get?
Though parent company ByteDance is set to pay a hefty settlement, individuals likely won’t walk away with that much.
How Do I Qualify For Payment?
If you reside in the United States and used the App prior to September 30, 2021. If you and/or your minor child used the TikTok and/or Musical.ly application, You May Be Entitled to a Payment from a Class Action Settlement.
How Do I File a Claim and Get Paid?
You must submit a completed Claim Form to receive a payment. You will receive your payment by electronic means (unless you opt for an alternative form of payment). You can fill out a claim form on the official class action's website HERE .
