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17 companies including Deutsche Telekom, Orange and Airbus join forces to oppose EU proposal to allow U.S. tech giants to bid for cloud computing contracts.rich88slotDeutsche Telekom, French telecom operator Orange and Airbus sent a joint letter to senior officials of their governments and the European Commission expressing opposition to Belgium's proposal to allow US tech giants such as Amazon, Google and Microsoft to bid for EU cloud computing contracts. Under the draft, sovereign requirements that would have required U.S. tech giants to work with EU companies and process customer data within the EU would be repealed, giving them the highest level of EU cybersecurity certification. The companies argue that the lack of sovereignty provisions will weaken the competitiveness of EU start-up cloud providers with larger U.S. competitors. To address the issue, cybersecurity experts from 27 EU countries will begin discussions on the plan on April 15, which could set the stage for the European Commission to adopt a cybersecurity plan in the autumn. Risk warning: The above content is only as the author or guest's point of view, does not represent any position and does not constitute any investment advice related to and news. Before making any investment decision, investors should consider the risk factors associated with investment products according to their own circumstances and consult professional investment advisers when necessary. Hexun strives to but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any warranty or commitment.

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