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US cloud companies see immediately decline in business thanks to NSA Prism

Billly Gates (198444) writes | about 9 months ago


Billly Gates (198444) writes "Well here comes the economic cost for the Snowden leaks. EU companies immediately cancel up to 10% of their current contracts over security concerns with the NSA spying on their data and 56% of EU companies plan to re-examine or be less likely to choose an American cloud based provider as a result. Likely they will chose a Canadian, European, or Chinese cloud company instead in their future projects. Since the politicians do not care about the US privacy will business losses invigorate an re-examination instead?"
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