Some of the biggest names in tech have banded together in an effort to promote industry-wide security standards for protecting data in use.
The initiative — dubbed Confidential Computing Consortium (CCC) — has Alibaba Cloud (NYSE:BABA), Arm, Baidu(NASDAQ:BIDU), Google Cloud (NASDAQ:GOOG、NASDAQ:GOOGL), IBM(NYSE:IBM ), Intel (NASDAQ:INTC;HKEX:4335 ), Microsoft (NASDAQ:MSFT ), Red Hat(NYSE:RHT), Swisscom (SIX:SCMN), and Tencent (HKEX:700) as its founding members.
It was formally launched yesterday at the Linux Foundation’s Open Source Summit in San Diego, California.
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