AOL TO PAY $5M FINE FOR ADS TARGETING CHILDREN

AOL will pay New York a nearly $5 million fine after the state accused the online company of selling ads that targeted children, the state Attorney General’s Office said Tuesday. AOL’s parent company, Oath, Inc. agreed to pay the settlement after violating the federal Children’s Online Privacy Protection Act. Attorney General Barbara Underwood said the $4.95 million fine is the largest issued since the law was enacted in 1998. The investigation found AOL conducted billions of auctions for ad space on hundreds of websites that were directed at children under the age of 13.