Thurrott's idea that the Microsoft is bidding for Yahoo! based on the "cloud" concept of computing as it has to do with business is just not credible. And, using Google as the example of cloud computing for business is just ludicris. No business, in general, is going to trust the "cloud" to move and/or store unprotected business data across the Internet. No business, in particular, is going to trust the Google "cloud" to move and/or store unprotected business data across the Internet. Google mines all data that trespass its servers. They do it now to target the user with advertisements. What is to say they won't (if they aren't already) mining that stream of data for business intelligence? Heck, they already help foreign governments like China hunt down enemies of their government.
Personally, I have a reasonable expectation of privacy when working on my computer with applications that are on my computer. And, when I communicate with my company's network securely, my expectations are the same. It is this reasonable expectation of privacey concept that is so important in keeping (like the proverable lock on the doors of your home) honest men honest. And, having grounds for aprehending and trying those that aren't. I have no such reasonable expectation of privacy while doing anything on the Internet unsecured. I don't see that changing.
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