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herodoturtle 34 minutes ago

Sincere congrats to the Verda team :-)

Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.

I love a good underdog story, but I'm not understanding the economics of it.

_ink_ 17 minutes ago | parent | next [-]

Cloud Act: The CLOUD Act (Clarifying Lawful Overseas Use of Data Act) is a U.S. federal law passed in 2018 that allows U.S. law enforcement to compel U.S.-based tech and cloud companies to hand over customer data, even if that data is stored on servers located outside the United States

13324 25 minutes ago | parent | prev | next [-]

There are several regulated industries that need to have their computing done in the EU without ties to US companies. Sovereignty is currently a big political topic.

bergheim 24 minutes ago | parent | prev [-]

Them putting services in EU (even as subsidiaries) is just a marketing strategy where they are straight up lying to customers so they can get more money.

See https://en.wikipedia.org/wiki/CLOUD_Act