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.
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.
President Trump has extended ByteDance’s deadline to sell TikTok by 75 days, as talks continue to prevent the app’s shutdown in the U.S.
US Vice President JD Vance denied reports of Elon Musk leaving his government role, confirming he’ll remain an advisor. Vance also touched on efforts to cut government spending and the upcoming decision on TikTok’s future in the US.
President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.
As global tensions rise, Kazakhstan's leadership navigates a delicate geopolitical balance between Russia, China, and the West, aiming to turn its strategic location into a platform for cooperation, reform, and innovation.
Australian Defence Minister Richard Marles has urged China to be more transparent about its military build-up and operations, calling for better communication amid rising concerns over Beijing’s presence in the Pacific.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
Iran’s Foreign Ministry has rejected an Austrian intelligence report accusing Tehran of pursuing a military nuclear program, calling it “false and baseless,” and demanded an official explanation from Vienna, reaffirming Iran’s commitment to a peaceful nuclear program and criticizing Europe’s silence
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
China has taken a major step in deep space exploration with the launch of Tianwen-2, aiming to become the third nation to return samples from an asteroid.
A newly discovered object in the Milky Way is baffling astronomers with bursts of radio and X-rays every 44 minutes.
SpaceX's latest Starship launch from Texas ended in an uncontrolled spin before completing key mission goals, highlighting fresh challenges for Elon Musk’s ambitious Mars program.
Nvidia plans to roll out a lower-cost AI chip tailored for China based on its new Blackwell architecture, aiming to preserve its foothold in a shrinking but still critical market amid intensifying U.S. export restrictions.
Pakistan is positioning itself as a major tech hub, with Prime Minister Shehbaz Sharif announcing a $700 million IT investment and urging global investors to capitalize on the country's digital growth.
As global tensions rise, Kazakhstan's leadership navigates a delicate geopolitical balance between Russia, China, and the West, aiming to turn its strategic location into a platform for cooperation, reform, and innovation.
Australian Defence Minister Richard Marles has urged China to be more transparent about its military build-up and operations, calling for better communication amid rising concerns over Beijing’s presence in the Pacific.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
Iran’s Foreign Ministry has rejected an Austrian intelligence report accusing Tehran of pursuing a military nuclear program, calling it “false and baseless,” and demanded an official explanation from Vienna, reaffirming Iran’s commitment to a peaceful nuclear program and criticizing Europe’s silence
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