(Bloomberg) — German Chancellor Angela Merkel’s government is about to unveil plans for a cloud service to allow European companies to avoid storing data with U.S. or Asian rivals such as Amazon.com Inc. or Alibaba Group Holding Ltd.Economy Minister Peter Altmaier will reveal the service — named Gaia-X after a Greek goddess symbolizing Earth — at a tech conference Tuesday in Dortmund, Germany. He has worked on the project with officials from companies including SAP SE, Deutsche Telekom AG and Deutsche Bank AG, according to a strategy paper by the Economy Ministry obtained by Bloomberg News.”Data are the resource of …read more
Source:: Yahoo Finance
