European Firms Warn EU Against Rapid US Tech Reliance Reduction
European companies are cautioning the EU against quickly reducing reliance on US technology providers, citing operational difficulties and high costs in achieving 'tech sovereignty'.
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European companies are cautioning the EU against quickly reducing reliance on US technology providers, citing operational difficulties and high costs in achieving 'tech sovereignty'.
AI Use Hasn’t Cost Jobs at European Firms Yet, ECB Blog Says Bloomberg.com
Meta is passing on digital services taxes to advertisers in several European countries, including Austria, France, Italy, Spain, Turkey, and the UK. Starting July 1, businesses will pay an extra fee reflecting local tax rates on ads shown in these markets. This move follows criticism from the US, which has threatened retaliatory measures against European firms.

The US Supreme Court has struck down tariffs imposed by former President Trump, leading to discussions about the implications for Mexico.
European firms are grappling with the complexities and disruptions caused by US tariff chaos, following a recent Supreme Court ruling.

Concerns are rising about a potential AI price war, which could impact the valuations of major US tech companies. Meanwhile, an activist investor highlights a Japanese toilet maker as an 'undervalued' AI play due to its 'cryogenic etching' technology.