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.
Spain is battling some of the largest wildfires in its history, with uncontrolled blazes raging in more than 50 locations from the north to the south ...
Ukrainian President Volodymyr Zelenskyy will meet U.S. President Donald Trump in Washington on Monday, days after Trump’s summit with Russian Presid...
The United States has deployed more than 4,000 Marines and sailors to waters near Latin America and the Caribbean in a major move against drug cartels...
The Washington Agreement between Armenia and Azerbaijan has sparked a mix of hope, doubt, and cautious realism among Armenians....
The hurricane was located about 170 km north of Anguilla, with maximum sustained winds near 255 km/h, according to the National Hurricane Center (NHC)...
TikTok is building a new version of its app for U.S. users ahead of a planned sale to American investors, The Information reported, as President Donald Trump prepares fresh talks with China over the platform’s future.
U.S. President Donald Trump says a group of “very wealthy people” is ready to buy TikTok, but the deal will require China’s sign-off—despite looming deadlines under U.S. law.
President Donald Trump is preparing to extend the federal deadline for TikTok’s U.S. ban for a third time, as the June 19 cutoff approaches with no finalized deal in sight, according to government officials.
TikTok was fined 530 million euros ($600 million) by its lead EU privacy regulator on Friday over concerns on how it protects user information and was ordered to suspend data transfers to China if its processing is not brought into compliance within six months.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support.
The California Coastal Commission on Thursday voted against a proposal by Elon Musk’s SpaceX to almost double its permitted annual Falcon 9 rocket launches from Vandenberg Space Force Base, raising the limit from 50 to 95.
The U.S. government on Wednesday signed an executive order to ease federal regulations on commercial rocket launches, potentially benefiting SpaceX and other private space companies.
For now, Earth is the only confirmed cradle of life in the universe, but every new discovery of distant worlds brings us closer to answering one of humanity’s oldest questions: could some of them be home to intelligent beings?
Artificial intelligence (AI) start-up Perplexity has made a surprise $34.5bn takeover bid for Google's Chrome internet browser
Chinese authorities have summoned major tech firms, including Tencent and ByteDance, over their purchases of Nvidia’s H20 AI chips, raising concerns about information security and urging companies to rely on domestic suppliers amid escalating regulatory scrutiny.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment