logo
Google reassures EU cloud users amid concern over Trump threat

Google reassures EU cloud users amid concern over Trump threat

Irish Times21-05-2025

Google is beefing up its 'sovereign cloud' options in the EU, as US tech companies move to reassure the continent's users that their access to crucial technology will be safeguarded at a time of escalating trade tensions with Donald Trump.
The Silicon Valley giant provides cloud computing offerings in Europe that ensures sensitive information remains on local servers and adheres to EU laws on data privacy.
Google told the Financial Times on Wednesday it was broadening these so-called sovereign cloud options, including a new 'data shield' that provides additional cyber security protections to European clients.
The US tech company also said it would work with local partners in sensitive industries, such as the French defence electronics group Thales, to better ensure it complies with tougher data protection requirements for those sectors. Google said it would also launch a similar arrangement in Germany soon.
READ MORE
The move comes as European groups raise concerns that the Trump administration could use the continent's reliance on digital infrastructure from US Big Tech groups as leverage in trade talks.
Without naming Mr Trump directly, Hayete Gallot, Google's president of customer experience, said global tensions were 'creating anxiety in the world' and customers were 'looking for options to manage their business.'
'Sovereignty used to be a very niche thing, that applied to very regulated industries, such as defence and intelligence,' Ms Gallot said. 'And suddenly in the current environment, everybody is thinking about it.'
US hyperscalers such as Amazon, Microsoft and Google dominate the European cloud market, while European providers such as the France's OVHcloud argue the tech sovereignty push is driving growth.
Ms Galott said its new cloud offerings in Europe are built on existing solutions and infrastructure.
For example, its existing Google Cloud Data Boundary offering already gives customers more control over where their content is stored and processed. A new user data shield provides extra security testing for customer applications, it said.
For defence, intelligence and other sensitive sectors, Google also said it provided an 'air-gapped' solution, which means a client's data does not have to be connected to other networks.
Ms Galott said she wanted 'to reassure' European customers about their 'requirements and expectations that they have around sovereignty and we are here to provide a layered set of options...so that our customers can operate and then their customers can benefit from it.'
The move echoes a recent announcement by Microsoft, the first large American cloud computing business to try to reassure European customers last month.
The Seattle-based company pledged a series of 'digital commitments' to Europe, such as a promise to contest any government order to cease cloud services to European customers including through the courts. – Copyright The Financial Times Limited

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Legislation would erode the appeal of US financial assets, banks and investors say
Legislation would erode the appeal of US financial assets, banks and investors say

Business Post

time6 hours ago

  • Business Post

Legislation would erode the appeal of US financial assets, banks and investors say

John Magnier's son-in-law was advised by a UK consultant to 'low ball'... A Bulgarian fintech saying its customers can earn up to 18 per cent on 'loan investments'... European stock markets climbed after the EU trade chief said that discussions with... The Irish arm of the Ferrero Group, an Italian company behind the Kinder, Nutella... Forthcoming changes to the rent pressure zone (RPZ) system will help attract institutional... Several senior directors at AIB Group, including chief executive Colin Hunt, have... Luxury jeweller Cartier and outdoor fashion label The North Face are the latest big-name...

European shares rise amid German tax relief package approval
European shares rise amid German tax relief package approval

Irish Times

time7 hours ago

  • Irish Times

European shares rise amid German tax relief package approval

European stocks closed higher on Wednesday, buoyed by German cabinet approval of a €46 billion corporate tax relief package aimed at kick-starting growth. The relief package, the first of a broader series of measures from Berlin's new government, is an attempt to prevent the struggling economy from shrinking for a third consecutive year. Meanwhile, trade talks between the US and Europe are progressing, according to European negotiators, who added that the doubling of US metals tariffs, which kicked in on Wednesday, are not helping negotiations. The pan-European Stoxx 600 closed up 0.5 per cent after briefly touching a one-week high. READ MORE DUBLIN The Iseq All-Share Index dipped 0.7 per cent to 11,371.66, dragged down by banking stocks as sector followers positioned themselves ahead of the European Central Bank's (ECB) rates-setting meeting on Thursday, at which it is expected to lower official borrowing costs again. AIB lost 3.7 per cent to €6.82, while Bank of Ireland dipped 2.7 per cent to €11.98. Still, Ires Reit edged 1.7 per cent higher, as property stocks typically fare better when rates fall. Ryanair edged 1 per cent higher to €23.74. Chief executive Michael O'Leary disclosed late on Tuesday that he has sold €21 million worth of shares in the company that were held in a pension scheme connected to him. LONDON The FTSE 100 index closed up 0.2 per cent, helped by news that the S&P Global UK services purchasing managers' business activity index rose to 50.9 points in May from 49.0 in April, improving upon the flash reading of 50.2 released late last month, and above the 50.0 no-change threshold. Babcock International, an aerospace, defence and nuclear engineering services company, gained 4.3 per cent amid further consideration of the UK defence spending review this week. DiscoverIE Group jumped 15 per cent after reporting higher profit and an increased dividend. The designer and manufacturer of electronic components for industrial applications said pretax profit was £32 million (€38 million) in the financial year ended March 31st, up 44 per cent on the year. But B&M European Retail struggled, falling 14 per cent as its annual results failed to inspire investors. Brent oil was lower at $64.65 (€65.58) a barrel at the time of the London equities close on Wednesday, compared to $65.73 dollars on Tuesday. EUROPE Most European sectors rose, with technology leading gains. The food and beverages sector rose, buoyed by a 6.4 per cent rise in Campari. Among individual movers, Airbus SE shares rose 2.2 per cent after Bloomberg News reported Chinese airlines are considering ordering hundreds of aircraft as soon as next month. STMicroelectronics jumped 11.1 per cent after its chief executive said the French-Italian chipmaker has seen signs of an upturn. NEW YORK Wall Street shares were ahead in early afternoon trading and US treasury – or bond – yields were lower as investors monitored movement in trade negotiations and looked ahead to Friday's critical US employment report. On the economic front, payrolls processor ADP reported the US private sector added 37,000 jobs last month, or 69.2 per cent fewer than analysts expect the Labor Department's more comprehensive employment report to show on Friday. Additionally, survey data showed the US services sector slipped into contraction last month, while prices paid – an inflation predictor – hit the highest level since November 2022. Shares of Hewlett Packard Enterprise rose as demand for the company's artificial-intelligence servers and hybrid cloud segment helped it beat estimates for second-quarter revenue and profit. GlobalFoundries inched higher after the chip manufacturer announced plans to increase its investments to $16 billion. Tesla dropped. The electric-vehicle maker's sales fell for the fifth straight month in big European markets. Shares of cybersecurity firm CrowdStrike slumped after it forecast quarterly revenue below estimates. Dollar Tree fell as the discount store operator forecast second-quarter adjusted profit could drop as much as 50 per cent from a year ago due to tariff-driven volatility. – Additional reporting, Reuters, PA

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store