TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as it moves data storage for European users to the continent, company officials said on Wednesday, April 8.
The announcement comes as TikTok’s Chinese parent ByteDance in January avoided a US ban over data protection concerns and as European nations ratchet up pressure on social media companies to protect children from their addictive algorithms.
TikTok said it was making a new 1-billion-euro investment in a data centre with…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)