Under-fire Chinese app TikTok to set up European hub in Ireland – dpa international

DUBLIN — Video-sharing app TikTok will invest 420 million euros (500 million dollars) in a European data storage centre in Ireland, the company announced on Thursday. The proposed hub will house European user data, according to Roland Cloutier, TikTok’s global chief information security officer, who said the move will strengthen “safeguarding and protection of TikTok user data” in a “state of the art physical and network security defence system.” Cloutier said “hundreds” of jobs will be created – an announcement welcomed by IDA Ireland, the state investment promotion agency, as “good news.” IDA Ireland Chief Executive Officer Martin Shanahan said IikTok’s statement “postions Ireland as an important location in the company’s global operations.” Banned in China, US online giants Facebook, Google and Twitter have substantial operations in low-tax Ireland.