00:00 Benzinga and here's what's on the block. Amazon is launching an independent cloud service called
00:05 Amazon Web Services European Sovereign Cloud specifically designed for regulated industries
00:10 in the public sector in Europe. This cloud will be located within Europe separate from Amazon's
00:16 other cloud operations and will be controlled by EU residents AWS employees. It aims to provide more
00:22 control and assurances for European customers in regulated industries in the public sector
00:27 regarding their data. The launch responds to Europe's strict data privacy laws and push for
00:32 digital sovereignty over European data and technology. For all things money visit Benzinga.com
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