US businesses stand to lose up to $35B as a result of PRISM

Doesn’t really make that much sense to me. Anyone who thinks any cloud service provider anywhere on the planet won’t turn over for their local government is crazy. It’s never been a good idea to put any sensitive information of any kind on the net, whether private, commercial, or incriminating as the case may be. So if you decide not to go with a US provider, where are you going to go instead? Russia? China? France? Germany? It’s just silly to imagine any company in any of these countries will refuse a subpoena or even an informal request from their state security service.