US ‘cloud’ supremacy has Europe worried about data

Laurent BARTHELEMY | AFP

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PARIS: Europe is sitting on a wealth of data that is the 21st century equivalent of a precious metal mine during the gold rush.
But instead of exploiting it themselves Europeans may be allowing American tech giants to gain control of all the excavation equipment, some experts say, pointing to a flurry of European companies announcing deals with US tech players for cloud services.