Tik Tok a video-sharing app popular among teenagers has agreed to pay$5.7 million fine to the Federal Trade Commission (FTC) of US overalleged violations of the Children's Online Privacy Protection Act. FTC stated that websites for children need to obtain parental consent before collecting personal information from children under the age of 13, which Musical.ly, the lip syncing app, that is now known as Tik Tok and currently owned by Beijing based Byte Dance Technology failed to adhere.