The sale of Dutch cloud services firm Solvinity to American IT giant Kyndryl has caused alarm within national and local government because it undermines efforts to reduce dependence on US technology companies and safeguard control over sensitive data, the Financieele Dagblad reported on Wednesday. Under the US Cloud Act, cloud service providers can be required by law to make information available to the US government, even if the storage is located in Europe. Solvinity provides secure cloud and data services to...

Dutch cloud firm Solvinity taken over by US IT giant Kyndryl

  • birdwing@lemmy.blahaj.zoneEnglish
    28·
    2 days ago

    Ugh, the Netherlands should prohibit its own corporations from being taken over by US companies. Fuck this, this is state terrorism.

    • trajekolus@piefed.socialEnglish
      25·
      2 days ago

      Or at least have some concept of strategic industries where this can’t just happen without the government having looked into the implications. Industries like energy, arms and cloud.

      • birdwing@lemmy.blahaj.zoneEnglish
        3·
        1 day ago

        Even (or well, especially) China does this better.

        China for example has a mandate that companies have to be headed and overseen by a state employee, independent from the company’s CEOs.

        What the EU must do, is to achieve full operational independence from foreign actors.

  • corsicanguppy@lemmy.caEnglish
    23·
    2 days ago

    Kyndryl

    You mean IBM.

    And now solvinity is at risk of CLOUDACT data leaks because it’s owned by a US company.

    Abandon ship!