
TikTok to build 1-bn-euro data centre in Finland
The Peninsula
Helsinki: TikTok said Tuesday it was investing 1 billion euros ($1.1 billion) to build a data centre in Finland, days after the EU slapped it with a m...
Helsinki: TikTok said Tuesday it was investing 1 billion euros ($1.1 billion) to build a data centre in Finland, days after the EU slapped it with a massive fine accusing it of sending Europeans' personal data to China.
The Chinese-owned social media giant said the data centre in Finland was a "significant step" in its commitment to data security in Europe.
The European Union last week hit TikTok with a 530-million-euro ($600 million) fine, accusing it of sending Europeans' personal data to China and failing to guarantee it was shielded from access by Chinese authorities.
TikTok has been in the crosshairs of Western governments for years over fears personal data could be used by China for espionage or propaganda purposes.
The company said it planned to appeal the fine from Brussels, the second-largest ever imposed by the EU.













