TikTok has announced out a new data security regime, nicknamed “Project Clover”, amid growing pressure from lawmakers on both sides of the Atlantic.
due to growing concerns about the company, which is owned by Chinese firm ByteDance, and whether China's government could harvest users' data or advance its interests.granting the administration new powers to ban Chinese-owned video app TikTok and other foreign-based technologies if they pose national security threats.
At a news briefing on Wednesday, TikTok said it would begin storing European user data locally this year, with migration continuing into 2024. As part of this move, the company confirmed it would soon open a second data centre in Ireland, and another in the Hamar region of Norway. These data centres will be operated by an undisclosed third party.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TikTok has codename for project to charm European lawmakersTikTok's codenamed 'Project Clover' is a push to win over European lawmakers as it faces a critical US ban
Read more »
Reed Hastings Says Netflix Is “Biggest Builder Of Cross-European Culture”Reed Hastings just made a bold claim: That Netflix is the “biggest builder of cross-European culture.” Speaking at Netflix’s European headquarters in Amsterdam today, the streamer…
Read more »
European police, FBI bust international cybercrime gangThe gang allegedly behind the ransomware, known as DoppelPaymer, appears tied to Evil Corp., a Russia-based syndicate.
Read more »
Russia state media warns war is coming to European country'The situation is turbulent and is being provoked externally,' said Kremlin spokesman Dmitry Peskov.
Read more »
European markets head for mixed open as investors await Fed chair's commentsEuropean markets are heading for a mixed open Tuesday as traders look ahead to Federal Reserve Chair Jerome Powell's congressional testimony.
Read more »
BlackRock says European companies are showing 'surprise resilience' — and better value than the U.S.European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and the continent's stock outperformance of the U.S. looks set to continue, according to BlackRock.
Read more »