Fantastic news on the jobs front.
Popular video app TikTok has said that it plans to open its first European data centre in Ireland with an investment of approximately €420 million.
It is hoped that the data centre will be open and operational by 2022, and that hundreds of jobs will be created as a result.
TikTok has also said that the creation of its first European data centre will result in faster loading time on the app, among other "tangible benefits".
Roland Cloutier, Global Chief Information Security Officer of TikTok said: "Ireland already plays a key role in our rapidly expanding European operations.
"Since establishing our EMEA Trust and Safety Hub in Dublin at the start of this year, we have rapidly expanded our team and appointed senior leaders who are continuously enhancing the strategies, policies and processes designed to keep people on TikTok safe."
IDA Ireland CEO Martin Shanahan said: "This data centre signals our long-term commitment to Ireland and we expect the data centre to open and be operational by early 2022. We are continuing to work on the details with our key partners, including the IDA and we will share more updates on our progress in the near future."
Reports over the past number of weeks suggested that Microsoft were due to buy the app, though no deal has gone through.
Meanwhile,
Donald Trump has said he plans to ban the TikTok app in the United States through executive authority, following concerns about data collection on the app.
