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Techmeme Ride Home

Mon. 03/17 – Europe Wants To Ween Itself Off Silicon Valley

Techmeme Ride Home

Ride Home Media

News, Technology, Daily News, Tech News

4.7984 Ratings

🗓️ 17 March 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

Europe wants to ween itself off of foreign big tech. Could this be the sign of a future rift with Silicon Valley? The weird case of Rippling versus Deel. Klarna lands a big fish. What the Coreweave IPO could mean for tech. And how the new iPhone Air signals a big hardware design change at Apple.

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Transcript

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0:00.0

Welcome to the Tech meme right home for Monday, March 17th, 2025. I'm Brian McCullough today.

0:08.5

Europe wants to wean itself off of foreign big tech. Could this be the sign of a future rift with Silicon Valley?

0:14.5

The weird case of rippling versus deal. Klarna lands a big fish, what the Corweave IPO could mean for tech, and how the new iPhone

0:22.6

air signals a big hardware design change at Apple. Here's what you miss today in the world of tech.

0:32.5

We're used to countries increasingly looking at technology as a geopolitical imperative. If you

0:37.3

rely on tech produced

0:38.3

elsewhere, not only does that open you up to potential spying and hacking, but also in a time of

0:42.6

conflict, you could be without access to key tech. We're used to this sort of thinking vis-à-vis

0:47.5

China and the West, but what this segment suggests is that there are multiple angles of concern

0:52.1

here. More than 100 EU companies have penned a letter

0:56.2

to European lawmakers to take, quote, radical action to cut the reliance on foreign big tech

1:01.9

by fostering a so-called Eurostack. Quoting TechCrunch, companies spanning areas including cloud,

1:08.2

telecoms, defense, along with several regional business and startup associations

1:12.1

have put their names to a letter which was sent to the commission on Sunday,

1:16.2

urging the block to switch its technology strategy onto a quasi-war footing by committing to support

1:21.6

sovereign digital infrastructure. The plan pushes for reducing reliance on foreign-owned big tech

1:27.2

by actively fostering development

1:28.8

of a so-called Eurostack. The European digital infrastructure pitch is not coming out of thin air,

1:34.2

a Eurostack paper written by among others. The competition economist Christina Kaffara was published

1:40.1

in January, fleshing out the strategy in some detail. There has also been, over the last

1:44.4

half year or so, a smattering of conference chatter turning over the potential for enterprising Europeans

1:49.7

to seize a geopolitically fraught moment to press the case for the EU to adopt a digital industrial

...

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