Google’s YouTube video service has been fined $170 million to settle charges of illegally collecting and sharing personal information from children.The Federal Trade Commission fined Google $136 million and the company will pay New York state $34 million to settle similar allegations.The settlement is the largest in a case involving a 1998 federal law that bans the collection of information about children under age 13 without parental consent.YouTube was accused of tracking viewers of children’s channels without parental consent and delivered millions of dollars in targeted advertisements to those viewers.”YouTube touted its popularity with children to prospective corporate clients,” FTC Chairman Joe Simons said. “Yet when it came to complying with the law protecting children’s privacy, the company refused to acknowledge that portions of the platform were clearly directed to kids.”In addition to paying the fines, the settlement calls for YouTube to revise its process of handling children’s content.”We will …