Popular short-video app TikTok, owned by China's ByteDance, said on Thursday it plans to open its first European data centre in Ireland with an investment of about EUR 420 million (roughly Rs. 3,728 crores).
Under fire from US PresidentDonald Trumpover national security risks, TikTok isin talkswithMicrosoftabout selling its US operations. Trump said he will ban the service in the United States on September 15 if there was no sale.
The data centre in Ireland will create hundreds of new jobs, enable faster loading time and safely store European user data, Roland Cloutier, global chief information security officer of TikTok, wrote in ablog post.
"This data centre signals our long-term commitment to Ireland and we expect the data centre to open and be operational by early 2022," Cloutier said.
Ireland is one of Europe's biggest hubs for data centres and hosts operations for major technology companies such asAmazon,Facebook, and Alphabet'sGoogle.
ByteDancesaid on Monday it wasconsideringmoving TikTok's headquarters overseas, following a British media report that the unit could relocate to London.
© Thomson Reuters 2020
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