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Nordic Nations Pitch For US Data Centers
judgecorp writes "Nordic nations are all pitching for business from data centre owners, based on their countries' excellent network provision, plentiful electricity from renewable sources, and a climate where servers can be kept cool cheaply, using the ambient air temperature, with no need for chillers. A Swedish delegation is visiting California to lure other players to follow Facebook into Sweden. Meanwhile, Iceland now has a new multi-tenant data centre to join the existing Thor site, and Denmark has a container-park data centre for its financial industry."
If Iceland's economy is fucked, I'd like to know where I can sign up my country's economy for a proper rogering.
Be wary of any facts that confirm your opinion.
>As mentioned, the Swedes have declared all data passing through it free game for its security apparatus.
Great for hosting your sensitive data.
Yup, but you are fooling your self if you don't think any other government is doing the same. And this data will most likely be shared with US agents if they come knocking, looking for something.
If my comment didn't sound as good in your head as it did in mine, then I guess we all know who's to blame
I'd be more worried about data breaches and server seizures due to their crazy politicians, crazy justice system! and willingness to bend over for all manner of privacy invading measures to satisfy foreign interests. It will be a hot day in Iceland before we move any servers to Sweden. Go Iceland!
You have to be careful trusting the Local for news. We have them in Switzerland too, same company, and all they do is poorly translate then over-sensationalize stories. Can't speak for the other sources, though.
It wasn't quite "allowing the banks to fail" in the sense that the Icelandic equivalent of FDIC kicked in and the banks were nationalized, but the key thing was that Iceland spent absolutely no cash on trying to bail out holders of stocks and bonds. It's that combination of socialism and capitalism that is not uncommon in European nations: The socialism is enough to ensure that you'll survive. The capitalism means that if you're invested in a big bank, or a CEO who's made some dumb decisions, you take your losses.
I am officially gone from