“One service OwnCloud will not be providing is an actual hosted cloud storage service. Unlike DropBox, which only has a cloud service, OwnCloud is all about enabling users to build their own cloud storage, independent of a specific cloud vendor.
“We are a software company, and we do not sell gigabytes, and we don’t charge by gigabyte,” Rex said.”
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.