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TikTok Plans to Open Data Center in Finland

TikTok Plans to Open Data Center in Finland

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...
Japanese EV Makers Incorporate Latest Chinese Tech

Japanese EV Makers Incorporate Latest Chinese Tech

by Teuvo Tuomi | Apr 29, 2025 | China, Innovation, Investment, Japan, News, Technology

Japanese automakers announced plans to introduce the latest Chinese technologies into their models at the Auto Shanghai motor show held in Shanghai, aiming to regain lost ground in China. Toyota Motor Corp. has announced its new “bZ7” electric vehicle (EV) will be...
Japan Starts Regulating Apple and Google

Japan Starts Regulating Apple and Google

by Teuvo Tuomi | Apr 2, 2025 | Business, Japan, News, Technology, World

The Japan Fair Trade Commission (JFTC) has designated three companies — Apple Inc., its Japanese subsidiary iTunes K.K. and Google LLC — as subjects of the smartphone software competition promotion law, a new law regulating very large IT companies in the smartphone...
TikTok Owner Becomes China’s Richest Man

TikTok Owner Becomes China’s Richest Man

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...
Easpring Aims to Open Battery Materials Plant in Kotka

Easpring Aims to Open Battery Materials Plant in Kotka

by Teuvo Tuomi | Mar 24, 2025 | China, Finland, Investment, News, Technology, Visions

Easpring is planning to construct a new plant to produce cathode active material, CAM, which is needed to produce lithium-ion batteries, in Kotka, Finland. The plant’s first-stage capacity will be 60,000 tonnes of cathode active material per year. The investment...
Kemira Expands Paper and Board Chemical Capacity at Wellgrow in Thailand

Kemira Expands Paper and Board Chemical Capacity at Wellgrow in Thailand

by Teuvo Tuomi | Mar 24, 2025 | Environment, Climate, Finland, Innovation, News, Technology, Thailand

Kemira will make a multi-million Euro investment in multiple production line expansion of strength chemical agents for paper, board, and tissue at its Wellgrow site in Thailand. The implementation of the expansion project will begin next year, and the new capacity is...
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