Techmeme Ride Home
Mon. 03/17 – Europe Wants To Ween Itself Off Silicon Valley
Mar 17, 2025
Europe is gearing up to reduce its reliance on foreign tech giants, signaling a potential divide with Silicon Valley. The intrigue between Rippling and Deel brings corporate espionage to the forefront. Klarna’s partnership with Walmart is a game changer as it eyes an IPO. Meanwhile, CoreWeave's upcoming IPO shines a light on the AI landscape. Lastly, the new iPhone 17 Air hints at bold design shifts, with a focus on going port-free and embracing foldable technology.
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Quick takeaways
- Europe is actively seeking to reduce dependence on foreign tech companies by advocating for local digital infrastructure to ensure digital sovereignty.
- Rippling's lawsuit against Deel highlights the intense competition and ethical dilemmas present in the HR technology sector, particularly regarding corporate espionage.
Deep dives
Europe's Moves Towards Digital Sovereignty
Europe is taking significant steps to reduce its reliance on foreign big tech companies by advocating for a 'Eurostack.' More than 100 EU companies have urged lawmakers to support local digital infrastructure, emphasizing the geopolitical threats of dependence on external technology. This strategy is a response to concerns raised during high-profile political discussions, reflecting a broader desire for Europe to prioritize domestic innovation and reduce vulnerabilities associated with foreign-owned tech. The call for a bi-European mandate aims to ensure that public sector digital needs are met by local providers, highlighting a critical shift towards fostering European technology.
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