TikTok to spend US$500 million on first EU data centre in Ireland - ShareIsValue
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Thursday, August 6, 2020

TikTok to spend US$500 million on first EU data centre in Ireland

TikTok, the embattled video-sharing app that has found itself at the centre of Washington-Beijing tensions, is setting up its first data centre in Europe with a 420 million euros (US$500 million) investment in Ireland, the company announced.Promising to create hundreds of jobs, improve “the safeguarding and protection of TikTok user data” and shorten loading times for users in Europe, the new data centre is expected to be operational by early 2022.Once it goes online, European user data will be…

from South China Morning Post https://www.scmp.com/tech/start-ups/article/3096226/tiktok-spend-us500-million-first-eu-data-centre-ireland

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