For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

They say the clouds in Europe are different anyway.

Amazon said Wednesday that its AWS cloud division is launching a "European Sovereign Cloud." That means that AWS' Europe business is breaking away from the core business, though not enough to be a bona fide spinout. It's a move aimed at soothing increasingly irate European regulators, and possibly scooping up government contracts along the way.

Continue reading

Source Fool.com