Cloud computing is a much dicussed hot topic these days. Cloud data storage, web based applications, and netbook computers (where much of the functionality is relegated to the web rather than the physical computer) are all blasting up the steep side of the hype cycle.

In this new computing environment, what are going to be the unique challenges that come up? For example: if your data is on a European server, and you're in the US, who's laws does your data and activities fall under? The Economist tackles these questions in an interesting article on cloud computing,which they call “the ultimate form of globalization”.

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