TikTok to build 1-billion-euro data centre in Finland

May 7, 2025

, By The Economic Times

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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…

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TikTok to build 1-billion-euro data centre in Finland

May 7, 2025

, By The Economic Times

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…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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