Popular & now controversial video sharing platform TikTok will invest US$500 million (€420 million) in a data centre in Ireland & create “hundreds of jobs” locally.
The company, which is in talks with Microsoft to sell its US operations, said in a blog post that the facility would be where European users’ data would be stored.
This new regional data centre will deliver tangible benefits, including enabling faster loading time that will help our TikTok community to enjoy an even better experience. When our data centre is operational, European user data will be stored in this new location.
– TikTok
