TikTok to build 1-billion-euro data centre in Finland

TikTok said Tuesday it was investing 1 billion euros ($1.1 billion) to build a data centre in Finland, days after the EU slapped it with a massive fine accusing it of sending Europeans’ personal data to China.
The Chinese-owned social media giant said the data centre in Finland was a “significant step” in its commitment to data security in Europe.

The European Union last week hit TikTok with a 530-million-euro ($600 million) fine, accusing it of sending Europeans’ personal data to China and failing to guarantee it was shielded from access by Chinese…