Summary: Revelations of the U.S. government's spying programs could have a massive impact on the U.S. cloud industry, which stands to lose vast sums over the next three years as a result — compounded by other countries bankrolling efforts to combat U.S. market leadership. The U.S.' dominance in the cloud space may soon be challenged by rival countries, particularly those in the European Union, as the global surveillance scandal threatens to wipe up to $35 billion off the U.S. cloud slate. A new report by non-profit group the Information Technology and Innovation Foundation claims that Europeans are attempting to nudge...