The majority of the capital expenditure will go into the construction and running of hosting facilities as Europeans data security continues to force businesses to fall in line with Brussels and London regulations.
Founder and Editor, The Tech Capital
3 Mins
December 04, 2023 | 6:03 AM GMT
Theo Bertram, Vice President, Public Policy & Government Relations – Europe. Source: TikTok
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.
Founder and Editor, The Tech Capital
2 Mins|April 24, 2024
4 Mins|April 24, 2024
2 Mins|April 24, 2024
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