TikTok to Invest €1 Billion in Data Center in Finland

Reported 2 days ago

TikTok has announced plans to invest €1 billion to establish its first data center in Finland, aimed at relocating data storage for European users to the continent. The move comes amidst privacy concerns regarding data access by the Chinese government, prompting TikTok to enhance its data security measures, including its 'Project Clover' initiative. The company, which has over 175 million users in Europe, is also planning additional data centers in the region, capitalizing on Finland's favorable conditions for technology infrastructure.

Source: YAHOO

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