- Business: The war over TikTok: China will take measures if the US "steals" its popular app
TikTok , the popular music video app owned by the Chinese company ByteDance, will invest 420 million euros in the construction in Ireland of a data center, the first of the company in the Old Continent , which will allow the creation of "hundreds of new jobs " , as reported by the company.
This investment will play a key role in strengthening the protection of TikTok users' data, with a physical security system and a state-of-the-art network planned around this new operation, the company stressed, stressing that "as soon as As the new data center becomes operational, data from European users will be stored in this new location. "
Also, the platform has announced the launch of the 'TikTok Creators Fund' in Europe ('TikTok Creator Fund'), which will have an endowment of 70 million dollars (about 60 million euros) in its first year to mobilize 300 million dollars (255 million euros) in three years to support talented people and give them the opportunity to turn their creativity into their career.
The announcement of the construction of this new data center in Ireland coincides with the pressures that TikTok is receiving in the United States, where President Donald Trump has assured that his government will ban the popular application from next September 15 if not reaches a sale agreement on its operations in the country before that date.
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