by Teuvo Tuomi | May 9, 2025 | China, Asia, Business, Entertainment, Finland, Lifestyle, News, Technology
TikTok is planning a €1 billion investment to establish its first data center in Finland, according to Reuters. The initiative aligns with the company’s broader goal of enhancing data sovereignty by housing European user data within the region. The project is part of...
by Teuvo Tuomi | Mar 30, 2025 | Asia, Business, China, Entertainment, Lifestyle, News, Social Media, Technology
Zhang Yiming, founder ByteDance, the parent company of TikTok, has become China’s richest person for the first time, according to the Bloomberg Billionaires Index. Zhang’s personal wealth has reached $57.5 billion, surpassing Zhong Shanshan, founder of bottled water...
by Teuvo Tuomi | Mar 2, 2025 | Culture, Entertainment, News, Philippines, Thailand
Thailand’s plan to legalize casinos is a “big threat” to the Philippines’ gaming sector, which would face fierce competition from a tourism giant. According to Alejandro Tengco, president and CEO of Philippine Gaming and Amusement Corp. (Pagcor), says the gaming...
by Teuvo Tuomi | Sep 26, 2024 | China, Entertainment, Finland, Lifestyle, News, Tourism
Finland will return Lumi and Pyry, two giant pandas to China in November, more than eight years ahead of time because the zoo where they live can no longer afford their upkeep, says Risto Sivonen, the chairman of the Ähtäri Zoo’s board. The pandas were brought to...
by Teuvo Tuomi | Aug 30, 2024 | China, Entertainment, News, Technology
China’s internet users approached 1.1 billion at the end of June, up 7.42 million from December. Around 78% of mainland Chinese citizens were connected to the internet, and over one third of new internet users were drawn to short video applications as of June,...
by Teuvo Tuomi | Aug 17, 2024 | Entertainment, Economy, Korea, News
K-pop is struggling with a loss of growth, with Hybe taking the hardest hit. Hybe, home to K-pop superstars BTS, saw its shares plunge 4.56% last Wednesday, closing at 120 USD, the lowest since December 2022. This marked the fourth consecutive day of declines, with...