New EU Data Act Upends Cloud Providers’ Contracts, Financials

New EU Data Act Upends Cloud Providers’ Contracts, Financials

A forgotten provision in a European law regulating smart devices and cloud platforms goes into effect Friday, catching many US companies by surprise and threatening long-standing business models.

EU Data Act in force as of today: companies free from cloud lock-in

EU Data Act in force: more control over data, easier switching between cloud providers. Google is already scrapping data transfer costs.

Google enlists new ‘free’ data transfer service as the EU Data Act deadline approaches

Google is rolling out a free data transfer service for enterprises in the EU and the UK as the deadline for key provisions of the EU Data Act targeting data interoperability to reduce vendor lock-in looms at the end of the week. The new offering, called Data Transfer Essentials, waives egress fees for multicloud transfers within the same company for a large set of Google services, and according to Google is a direct response to Article 34 (Chapt…