Why ownCloud's CEO isn't worried about the death of Safe Harbor

Data sovereignty has become a hot-button issue ever since the EU's top court struck down the Safe Harbor agreement in October, and for many users of file-synchronization and sharing services, it poses a considerable problem. OwnCloud CEO Markus Rex sees it as more of an opportunity.

That's because OwnCloud -- which in many ways competes with the likes of Dropbox and Google Drive -- does file sync and share a bit differently from many of the better-known contenders. Most notably, it doesn't provide the storage: Customers can use whatever they want for that part of the equation.

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