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The Tech Capital TikTok to invest $13bn in Europe as it takes over first Nordic data centre

Chinese social media company TikTok has announced a €12 billion (US$13.15 billion) investment plan for Europe under Project Clover designed to improve security and management of European Union and UK citizens’ data. “Our investment announcement comes as we officially take possession of the first phase of our data centre operations in the Hamar region of Norway,” sai...

December 04

The Tech Capital Keppel mulls $390m acquisition of European asset manager Aermont Capital

Singapore asset manager Keppel Corporation Limited has named European asset manager Aermont Capital Group SCSp as a target for acquisition as the group envisions a stronger foothold beyond Asia Pacific. The proposed acquisition of an initial 50% stake in the European real estate firm would be followed by a full acquisition of real estate platform Aermont expected in 2028. ...

December 04

The Tech Capital Safeguarding the future of the European Internet starts with re-centring digital infrastructure in the EU policy equation

A free and fair Internet is at the core of serving the interests of European citizens. The EU has progressively increased its focus on digital policymaking, which is evident in the proposal of major pieces of legislation. Correlating quantity to quality, however, ignores the potential for such policies to overload the burden on the invisible dimension of the Internet – Inter...

December 04

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