This isn’t a decision being made to cut costs, it’s a strategic move because the EU just assessed how badly they’d be screwed if Trump throws a tantrum and forces American tech companies to disrupt services to their governments.
In addition, the EU has strong data privacy laws and US tech companies are resisting compliance (Elon was recently fined 150million, for example).
This has led to several hearings with tech executives who said that they could not guarantee that the data would stay in the EU and they could not guarantee that the data would not be provided to any other country.
Digital privacy laws don’t mean anything if they don’t apply to the major tech companies and they’ve said that they won’t comply.
Exactly.
This isn’t a decision being made to cut costs, it’s a strategic move because the EU just assessed how badly they’d be screwed if Trump throws a tantrum and forces American tech companies to disrupt services to their governments.
In addition, the EU has strong data privacy laws and US tech companies are resisting compliance (Elon was recently fined 150million, for example).
This has led to several hearings with tech executives who said that they could not guarantee that the data would stay in the EU and they could not guarantee that the data would not be provided to any other country.
Digital privacy laws don’t mean anything if they don’t apply to the major tech companies and they’ve said that they won’t comply.