The global IT outage exposed Europe’s dangerous dependence on US tech

Quick Summary:

It’s a taunt that’s reiterated to the point of cliché: Europe is a good place to start a tech business, but a bad place to scale one up.

Our businesses, our public services, and our critical infrastructure all depend on big tech companies.

None of the 10 most valuable tech firms in the world are in Europe.

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Article Details

Author / Journalist: Thomas Macaulay

Category: Technology

Markets: NetherlandsChina

Topics: Corporates and innovation Ecosystems Next Featured Government and policy Insider Startups and technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 15:34:04 (12 hours ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 652 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 21753146

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About The Next Web

Main Topics: Technology

Official Website: thenextweb.com

Update Frequency: 5 posts per day

Year Established: 2006

Headquarters: Netherlands

News Last Updated: 14 hours ago

Coverage Areas: Netherlands

Ownership: Independent Company

Publication Timezone: GMT +1:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #13

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