US FTC refers complaint against TikTok to Justice Department

News Snapshot:

(Reuters) - The U.S. Federal Trade Commission said on Tuesday it had referred a complaint to the Justice Department against the social media platform TikTok and its parent company ByteDance over potential violations of the Children's Online Privacy Act. In March, a source told Reuters the FTC could resolve a probe into TikTok over allegedly faulty privacy and data security practices by either filing suit or reaching a settlement. "The investigation uncovered reason to believe named defendants are violating or are about to violate the law and that a proceeding is in the public interest, so the Commission has voted...