The open source ownCloud project is advancing today with version 4 of the popular file sharing and synchronization technology. What ownCloud provides is an open source take on a Dropbox model where users can share and save files in a cloud environment. With ownCloud, the technology is all open source and it can be hosted anywhere.
The recent agreement between the US and the EU is the third attempt to secure the transfer of personal data from Europe to the US. Holger Dyroff, co-founder and COO of ownCloud, does not see the new regulatory attempt as a satisfactory solution.