There is plenty of technology companies in Europe.

It might not seem like it for the HN crowd, who mostly make a living stringing web libraries together.

Apple is the same size as Europe's tech sector...just Apple.

Of the top 50 tech companies on Earth, 3 are European and 30 are American.[1]

Europe has a seriously lacking tech scene. The situation is borderline catastrophic.Even just this past week the OpenClaw guy ditched the EU for the US, calling out the EU's infertile business scene[2]. These are exactly the kind of people the EU should be clearing a path for and rolling out a rug. Wake up.

[1]https://companiesmarketcap.com/tech/largest-tech-companies-b... [2]https://www.businessinsider.com/openclaw-creator-slams-europ...

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simmerup 5 hours ago | parent | next [-]

US tech is so dominant because the US was the worlds benevolent superpower.

You've changed, we're adapting accordingly.

	▲	WarmWash 4 hours ago \| parent [-]
		You might think I am trying to put down Europe, but the reality is that I am trying to make a Europe that can stand on it's own. The economic rifts that a hard pull away from US support would create almost certainly will fracture the EU, give rise to nationalist leaders, and weaken support for Eastern Europe. What's happening right now is exactly what Russia wants. Big brother America going away, so Russia only has to deal with countries that have been been on a 30 year status quo cruise control.

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gib444 7 hours ago | parent | prev | next [-]

> calling out the EU's infertile business scene

lol, it's always because of money. European tech startups often sell out to US investors because they offer more money.

I've worked for companies that plodded along nicely privately owned, 20-50 employees, but they got "offers they couldn't refuse" from US companies and sold. Usually just buying us to stamp out potential competition/buying a customer base

	▲	WarmWash 6 hours ago \| parent \| next [-]
		So maybe Europe should let Europeans be the wealthy ones, rather than losing them to the US?
	▲	carlosjobim 3 hours ago \| parent \| prev [-]
		That explanation is not enough. What are you supposed to do with more money if your dream in life is to create cutting edge tech? There comes a point when money doesn't trump all.

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bigyabai 7 hours ago | parent | prev [-]

Apple is a bit of a terrible example. They're not profitable unless they offshore hardware assembly, and their service revenue is considered an anticompetitive monopoly even domestically. The only way they got to this point was by fucking over American labor and the free market.

If you account for the market damages that Apple is responsible for, the situation is already catastrophic. The EU has every justification to decouple themselves from capricious and unaccountable businesses like Apple, Google and Microsoft.