Analysis: European cloud computing firms see silver lining in PRISM scandal

Former National Security Agency contractor Snowden is seen during news broadcast at shopping mall in Hong KongBy Leila Abboud and Paul Sandle PARIS/LONDON (Reuters) – France has its "Sovereign Cloud" project while across the Rhine data firms have created the label "Cloud Services: Made in Germany", all trying to reassure big companies that their information is stored away from the prying eyes of U.S. spies. European firms believe revelations that the U.S. National Security Agency (NSA) has secretly gathered user data from nine big U.S. Internet companies, including Microsoft and Google, will hand them a competitive advantage as they play catch-up with the dominant American players in "cloud …

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