alt Hacker News>Europe is pouring more than €2 billion into sovereign cloud initiatives designed to reduce exposure to US legal reach.
This is laughable, since US cloud platforms invested trillions. Also, US companies benefit from greater efficiency, know how, cheaper energy and less regulations.
If EU wants to compete with the US, they have to do what US does.
Not to mention that the UK thinks its legal reach extends beyond its borders, what with levying fines against 4chan, a US-based site with no legal requirement to obey foreign law.