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 | Jan 19, 2025 | China, Culture, News, Social Media, Technology
American “TikTok refugees” have immigrated on popular Chinese social media app Xiaohongshu, “Little Red Book”. Amid TikTok’s likely closure in the US within days, some of its American users have migrated to the Chinese Instagram-like social media app. The...
by Teuvo Tuomi | Jul 21, 2024 | ASEAN, Business, Digitalization, News, Southeast Asia, Technology, Thailand, Trade, Vietnam
Vietnam and Thailand are the fastest-growing e-commerce markets in Southeast Asia, according to a new report by OpenGov Asia. The report also highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in the region.Last year, the...
by Teuvo Tuomi | Jun 16, 2024 | Lifestyle, Malaysia, Media, News, Reports, Social Media, Society, Technology
Malaysia’s government had the world’s highest number of requests to TikTok to take down content in the second half of 2023. According to TikTok’s biannual transparency report, Kuala Lumpur made 1,862 such requests – an average of 10 daily – in that period. This is 5.5...