EU removes from draft rules a requirement that non-EU cloud providers must set up a joint venture with an EU company to qualify for an EU cybersecurity label (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters:

EU removes from draft rules a requirement that non-EU cloud providers must set up a joint venture with an EU company to qualify for an EU cybersecurity label  —  Amazon (AMZN.O), Alphabet’s (GOOGL.O) Google and Microsoft (MSFT.O) may find it easier to bid for EU cloud computing contracts …