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US cloud companies rethink Hong Kong strategy

Business Market by Business Market
July 15, 2020
in Companies
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Big US tech companies are at loggerheads with Hong Kong’s financial regulator. Google, Amazon Web Services and Microsoft are refusing to agree to a proposal that would involve handing over customers’ banking records, a stance that may force them to move data centres out of the territory.

exclusive report in the Financial Times says Beijing’s imposition of the new national security law for Hong Kong has hardened opposition among the US tech giants to the handing over of personal data to the Securities and Futures Commission.” data-reactid=”15″This exclusive report in the Financial Times says Beijing’s imposition of the new national security law for Hong Kong has hardened opposition among the US tech giants to the handing over of personal data to the Securities and Futures Commission.

US cloud companies rethink Hong Kong strategy

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