Thousands of U.S.-based companies that store and try to transfer data about European residents will f
ace restrictions and challenging times after a top court ruled that these
types of transfers exposed Europeans to American government surveillance without “actionable rights” to challenge it, according to the Wall Street Journal. The ruling could
force companies like Amazon, Google, and Microsoft to decide between costly shift toward data centers into Europe or cutting off business in the region.Read the whole story at Wall Street Journal »