In the news, good news I might add

RudyBob

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The U.S. Department of Justice has secured a $400 million settlement with TikTok and parent company ByteDance in a case related to children’s privacy legislation, the DOJ announced Friday.


"This settlement is a major victory for American children and parents," Associate Attorney General Stanley E. Woodward Jr. said in a statement.

"The department's priority is ensuring that children are protected online and that companies entrusted with their personal information meet their legal obligations. This resolution secures a substantial recovery while reinforcing the protections that families expect and deserve."
 
Good news on paper but $400 million to ByteDance is basically a rounding error. Until the fines actually hurt the bottom line these companies will just treat it as a cost of doing business and carry on as usual. What would actually move the needle is personal liability for executives, not corporate settlements that get absorbed and forgotten by next quarter.
 
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