Re:Spain Fines Facebook Over Tracking Users Without Consent
by jokoon on Friday September 15, 2017 @06:56AM
(#15256087)
You can't really snap fingers and make those kind of company appear out of nowhere.
Those companies exist because of american entrepreneurship culture, and how corporate laws work in the US. US companies have a lot of freedom to throw money right and left to do things because IT moves fast, and that is just not possible in europe at all.
Also those companies are flagships, but they also are criticized because they are big brother type agents. They centralize data from users of the entire world, and let's be honest, it gives an information advantage for american interests (meaning geopolitics, economics, business).
Those companies are not just products, they also are a big advantage for three letters agencies and business intelligence as well. I'm sure a similar european google or facebook would either be bought by US company or see its employees offered jobs at facebook/google.
Europe is not interested in having such companies, because europe doesn't have investors to throw money like megalomaniacs at anything that pops up. Europe is more traditional.
So yeah, the US is the center of the world, there are geopolitical reasons for it, and they are logical reasons why it is also the case for flagship IT companies.
Those companies exist because of american entrepreneurship culture, and how corporate laws work in the US. US companies have a lot of freedom to throw money right and left to do things because IT moves fast, and that is just not possible in europe at all.
Also those companies are flagships, but they also are criticized because they are big brother type agents. They centralize data from users of the entire world, and let's be honest, it gives an information advantage for american interests (meaning geopolitics, economics, business).
Those companies are not just products, they also are a big advantage for three letters agencies and business intelligence as well. I'm sure a similar european google or facebook would either be bought by US company or see its employees offered jobs at facebook/google.
Europe is not interested in having such companies, because europe doesn't have investors to throw money like megalomaniacs at anything that pops up. Europe is more traditional.
So yeah, the US is the center of the world, there are geopolitical reasons for it, and they are logical reasons why it is also the case for flagship IT companies.