Source: Bloomberg
Summary
The Netherlands has blocked the acquisition of the cloud company that hosts the Dutch digital ID service, citing national security concerns. The move is part of Europe’s efforts to reduce its reliance on U.S. technology. The Dutch government has been working to create a more independent digital infrastructure.
Our Reading
The announcement sounds ambitious. The Netherlands blocks a U.S. firm from buying a Dutch cloud company. The company hosts the Dutch digital ID service. The move is part of Europe’s push to reduce reliance on U.S. tech. Because what could possibly go wrong with a homegrown digital ID service?
Author: Evan Null
