The European Commission eyes rules to restrict US cloud services

The European Commission is considering new rules that could restrict the use of cloud services from other countries for sensitive public data within the EU, according to sources cited by CNBC. The proposal is expected to be part of the EU’s upcoming “Tech Sovereignty Package,” which is slated to be presented May 27. The idea is that certain types of data — such as those in healthcare, finance, and the judiciary — should be stored and managed to a greater extent on European cloud infrastructur...