Subj : Microsoft warns of cloud data "blockages" as EU-US deal nears
To   : All
From : TechnologyDaily
Date : Thu Apr 27 2023 11:45:04

Microsoft warns of cloud data "blockages" as EU-US deal nears

Date:
Thu, 27 Apr 2023 10:25:21 +0000

Description:
Failure for the EU and US to reach an agreement on transatlantic data flows 
is spelling trouble, Microsoft warns.

FULL STORY
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Microsoft has become the latest company to declare concerns about the smooth 
running of its services as the EU-US data battle continues to unfold, citing 
concern over disruptions to its cloud platform. 

The outlook for some tech companies has been uncertain since the EU ruled 
against data flows to the US, which would impact many web-based operations. 

Months of transatlantic negotiations have resulted in US pledges to keep EU 
citizens data safe once on its soil, marking an important step toward 
certainty in the years-long battle, but Microsoft is still concerned. Will 
Microsoft pull out of the EU? 

In its most recent quarterly report, Microsoft explained that cloud-based 
services rely on international data transfers, and a failure to reach a 
solution may result in additional blockages of data transfers. 

While the company hasnt specifically spoken out about any potential 
implications for the EU, others have. Meta, as a result of the ongoing 
debates, has already threatened to pull from the EU, which would affect users 
of Facebook, Instagram, Whatsapp, and its other subsidiaries. Read more 

 > These are the best cloud hosting providers around 


 > EU lawmakers argue against signing US data-transfer pact 


 > The EU really shouldn't be blocking US cloud giants, new study says 

The World Economic Forum (WEF) also spoke out about the subject earlier this 
year, proclaiming that cross-border e-commerce has reached an estimated $2.7 
trillion value worldwide, having increased 47-fold in the space of a decade. 

That article likens the EU-US case to Chinas banning of US services like 
Google, and to the US pressure on Chinese services including TikTok. With 
data localization increasing in popularity, the WEF suspects that huge 
logistical and legal nightmares may lie ahead in the event of failure to 
cooperate. 

Elsewhere, Microsoft, Amazon, and Google have come under intense scrutiny for 
their dominance of the cloud market and anticompetitive natures that make it 
difficult and costly to switch provider. Looking for somewhere to store your 
data? Check out the best cloud storage providers 

Via Bloomberg



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Link to news story:
https://www.techradar.com/news/microsoft-warns-of-cloud-data-blockages-as-eu-u
s-deal-nears


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