TikTok Finalizing Settlement Over Lawsuit Claiming Addiction to Minors
TikTok is finalizing a settlement related to a lawsuit claiming social media platforms are addictive to minors, Olivia Carville and Alexandra Levine of Bloomberg reports, citing people familiar with the matter. TikTok's settlement amount is currently confidential, the sources added. Meta (META) and Snap (SNAP) are other defendants of the July trial and Google's (GOOGL) YouTube settled with the plaintiff earlier this month.