Users for a payday

TikTok users may be entitled to a share of $ 92 million after the company on social media accepted a settlement for class action lawsuits.

The settlement stems from 21 separate lawsuits that TikTok accuses violation of federal and state law by collecting and using users’ personal data without “sufficient notice and consent.”

The company has denied having done anything but has agreed to settle the cases to avoid going to court, It reports NBC.

“While we disagree with the allegations, rather than going through lengthy lawsuits, we would like to focus our efforts on building a safe and joyful experience for the TikTok community,” the company said in a statement.

On Monday, TikTok released a message in its app referring affected users to TikTokDataPrivacySettlement.com.

According to this website, all persons residing in the United States and using TikTok before September 30 this year may be eligible for a portion of the payment.

Users living in Illinois may be entitled to six times as much money as non-Illinois residents because the state is the only one in the state that “allows people to sue companies for violating biometric privacy laws.”

It is estimated that 89 million TikTok users are eligible to receive part of the settlement, according to NBC.
An estimated 89 million TikTok users are eligible to receive part of the settlement.
REUTERS

TikTok users initially thought the settlement news was a hoax and claimed it sounded too good to be true.

But with an estimated 89 million TikTok users eligible to receive part of the payment, there will not be much money to go around if everyone files a claim.

According to NBC, if all applicants applied, most plaintiffs would only receive about 96 cents after attorneys’ fees are deducted. Illinois residents would get about $ 5.75.

Nevertheless, qualified TikTok users are still encouraged to apply. As a large number of users are under 18, TikTokDataPrivacySettlement.com provides guidance on how adults can file a claim on behalf of a minor child.

The $ 92 million settlement is small change for TikTok.  The app's parent company, ByteDance, is worth $ 250 billion, according to Bloomberg.  TikTok's lavish LA headquarters is pictured.
The $ 92 million settlement is small change for TikTok. The app’s parent company, ByteDance, is worth $ 250 billion, according to Bloomberg. TikTok’s lavish LA headquarters is pictured.
GC pictures

TikTok boasts about 1 billion users worldwide. The $ 92 million settlement is small change for TikTok, as the app’s parent company, ByteDance, is worth $ 250 billion, according to Bloomberg.

In light of the settlement, TikTok has made changes to its data and privacy settings.

The company has stopped recording users ‘facial features, has stopped tracking the user’s location with GPS and has agreed to no longer pass on users’ personal data to third parties such as Facebook and Google, according to NBC.

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