ByteDance’s TikTok announced a major investment plan during an event in Bangkok on Friday, revealing that the popular social media platform will invest $8.8 billion in data centres across Thailand over the next five years.
Helena Lersch, TikTok’s Vice President of Public Policy, detailed the ambitious initiative aimed at enhancing the platform’s regional infrastructure and supporting Thailand’s digital economy.
It remains unclear whether this $8.8 billion investment includes the separate $3.8 billion agreement that Thailand’s investment board announced last month. Officials have yet to confirm any linkage between the two deals.
This substantial investment underscores TikTok’s commitment to expanding its technological footprint in Southeast Asia as the company seeks to bolster its data processing capabilities and ensure compliance with local data protection regulations.
As Thailand continues to position itself as a regional digital hub, TikTok’s planned investment is expected to create new opportunities for collaboration between the tech giant and local stakeholders, further integrating Thailand into the global digital ecosystem.
Britain’s Information Commissioner’s Office has launched an investigation into how TikTok, Reddit, and Imgur handle and safeguard the personal data of child users. The inquiry comes amid growing concerns over the potential exposure of harmful content to young audiences on social media platform.
Frank McCourt announced on Monday that Alexis Ohanian, co-founder of Reddit and a noted venture capitalist, has joined his bid to acquire TikTok's U.S. operations.
San Francisco/New York, February 24, 2025 – In a significant milestone for the creator economy, TikTok - together with its Chinese counterpart Douyin - generated $6 billion in in-app purchase (IAP) revenue in 2024, making it the first non-game app to achieve this feat in a single year.
TikTok returned to the U.S. app stores of Apple and Google on Thursday as President Donald Trump delayed a ban on the Chinese-owned social media app and assured the tech giants they would not be fined for distributing or maintaining it.
Military financing has been stopped, and officials are meeting to consider suspending another type of assistance
Markets tumbled Monday, with losses accelerating in the afternoon after President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico will take effect. Earlier in the session, stocks were already under pressure following a weaker-than-expected February report on a key manufact
Ambassador Christina Markus Lassen pledges to strive for 'constructive, creative and consistent' presidency
James Harrison's rare blood, which he donated over a thousand times, is estimated to have saved the lives of over 2 million children in Australia.
A centuries old tradition of cheese-throwing has brought excitement to the town of Novara di Sicilia as its residents both young and old trooped out en masse to participate in the game.
Norway’s government has affirmed that it will continue to supply fuel for U.S. Navy vessels, dismissing recent calls from a private marine fuel supplier to halt deliveries amid tensions linked to U.S.-Ukrainian relations.
Mountain View, CA, February 24, 2025 – In a move to bolster account security and curb global SMS abuse, Google is set to phase out its SMS-based two-factor authentication (2FA) option for Gmail users, according to a report by Forbes.
Watch AnewZ Live Coverage of the Trump-Zelenskyy meeting at the Oval Office at https://anewz.tv/tv-live
Ukrainian President Volodymyr Zelenskyy reaffirmed his respect for the United States and its people in an interview with Fox News, following a tense meeting with U.S. President Donald Trump at the White House.
Frank McCourt announced on Monday that Alexis Ohanian, co-founder of Reddit and a noted venture capitalist, has joined his bid to acquire TikTok's U.S. operations.
Chinese AI startup DeepSeek has stirred conversation in the tech community by claiming that its AI models could achieve a “cost profit margin” of 545% under ideal conditions.
OpenAI has unveiled GPT-4.5, its most expansive AI model yet, code-named Orion. The new release marks a significant milestone in the evolution of the company’s language models, boasting increased computing power and a more extensive dataset than any previous version.
The Securities and Exchange Commission (SEC) has announced that meme coins are not considered securities and are therefore exempt from the federal laws governing financial instruments.
Amazon is set to roll out Alexa+, a next-generation update to its popular voice assistant powered by generative AI, with early access scheduled to begin in March.
Military financing has been stopped, and officials are meeting to consider suspending another type of assistance
Markets tumbled Monday, with losses accelerating in the afternoon after President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico will take effect. Earlier in the session, stocks were already under pressure following a weaker-than-expected February report on a key manufact
Ambassador Christina Markus Lassen pledges to strive for 'constructive, creative and consistent' presidency
James Harrison's rare blood, which he donated over a thousand times, is estimated to have saved the lives of over 2 million children in Australia.
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