Wuala Encrypted Cloud-Storage Service Shuts Down
New submitter craigtp writes: Wuala, one of the more trusted cloud-storage services that employed encryption for your files, is shutting down. Users of the service will have until 15th November 2015 to move all of their files off the service before all of their data is deleted. From the announcement: "Customers who have an active prepaid annual subscription will be eligible to receive a refund for any unused subscription fees. Your refund will be calculated based on a termination date effective from today’s date, even though the full service will remain active until 30 September 2015 and your data will be available until 15 November 2015. Refunds will be automatically processed and issued to eligible customers in coming weeks. Some exceptions apply. Please visit www.wuala.com for more information."
Who said it was? In this case you paid for space, and you got it. They are closing down and you get your files back AND a refund. I see no issue here. no different than if you had your crap in a storage unit and they decided to close down mid contract.
This is how a business runs, and when it closes, how it properly closes.
Your rational, sober, succinct and to the point comments have no place here. Or pretty much anywhere else on the internet. Or television. Or talk radio. Definitely not talk radio.
Wuala is owned by Lacie. Lacie was purchase by Seagate in 2014. Seagate has it's own online backup products. Maybe Seagate wants to eliminate a redudant or money-losing service? It happens...
Yes, the NSA is the bogeyman, and is a threat to secure encryption everywhere. But the invisible hand of capitalism can slap someone as well.
Did you know that Box's CEO pays himself a very modest salary, lives in a tiny apartment near the office, drives an old car, and got a very small stake in the IPO (something like 4%)?
The guy has been working like a madman for over 10 years. I'm not a big fan of him, I find him obnoxious, but he is definitely not a scammer.
lucm, indeed.