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Big tech face EU blow in national data watchdogs ruling

reuters.com

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Re: Big tech face EU blow in national data watchdogs ruling

#31

Post by maccard »

brnt wrote: post #9
streamofdigits wrote: post #2

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

London is an exercise in marketing, to see how far peoples suspension of disbelief can be stretched whilst being a net drain on a country it isn't even strictly part of, and a drain the world as a whole. It is amazing to see how Brits outside of (hell, even in) London live, the British countryside has some of the poorest areas in western Europe. Evidence marketing is effective!

> the British countryside has some of the poorest areas in western Europe

All rich countries have impovrished areas that have been left behind.

> It is amazing to see how Brits outside of (hell, even in) London live,

The same can be said for California, New York, Florida, Dublin, Paris, Barcelona, etc.

Re: Big tech face EU blow in national data watchdogs ruling

#32

Post by throwaway12509 »

axlee wrote: post #19
nivenkos wrote: post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

>How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Why do you make it sound like they don't? The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate). One does not prevent the other. And calling regulations against clear abuse "endless bureaucracy" is insidious at best.

I believe the EU would be better off if it just deleted its technology funding apparatus and tried to rebuild something like DARPA, while focusing on procurement like the poster suggested.

There is a huge amount of money available, but it's locked behind layers and layers of bureaucracy. It is a huge waste of time on both sides, for some anecdotal I'm procrastinating from an application as I type. I should be coding or doing something otherwise useful.

The situation has devolved to where startups treat public funding as though it were revenue and have dedicated teams to chase it.

The Economist had an article here a few days ago lamenting that Europe fails to produce IPOs, which is where the actual problem lies. If ExpectedValue[European Startup] = ExpectedValue[Startup] | No IPO, then it's no wonder European startups are valued at 10% of their US counterparts.

The EU needs to get out of the way and end its Lots of Little Winners policy, because without winners you just wind up with Lots of Little Losers in a globalised economy.

Re: Big tech face EU blow in national data watchdogs ruling

#33

Post by anonymousDan »

tremon wrote: post #23
s_dev wrote: post #13

Earlier quoted context omitted.

>What is it with the British Isles It's not a British Isle -- it's an Irish one. Great Britain refers to the main island composing England, Scotland and Wales. The Irish isle of Ireland is composed of the two Irelands (Ireland and Northern Ireland). The 'British Isles' term is disputed by many Irish people. The reason it's not a geographic term is because it's not a river -- Britain is a geopolitical entity not a pur…

https://en.wikipedia.org/wiki/British_Isles > The British Isles are a group of islands in the North Atlantic off the north-western coast of continental Europe, consisting of the islands of Great Britain, Ireland, the Isle of Man, the Hebrides and over six thousand smaller islands. [They] include two sovereign states, the Republic of Ireland and the United Kingdom of Great Britain and Northern Ireland.

https://en.wikipedia.org/wiki/British_Isles_naming_dispute

No-one in Ireland would refer to them as the British Isles.

Re: Big tech face EU blow in national data watchdogs ruling

#34

Post by Dobbs »

nivenkos wrote: post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

Because not everything is about money and business. The EU while far from perfect does try and look out for, respect, and care for its people. Both at an EU wide level, and at individual country levels. GDPR and this are both attempts to provide more protection to individuals. Not necessarily to build homegrown alternatives. The problem isn't the specific company, but how companies in this sector act.

Re: Big tech face EU blow in national data watchdogs ruling

#35

Post by varispeed »

axlee wrote: post #19
nivenkos wrote: post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

>How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Why do you make it sound like they don't? The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate). One does not prevent the other. And calling regulations against clear abuse "endless bureaucracy" is insidious at best.

> The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate)

The problem is that the EU invests. Small businesses are taxed to death and swamped with bureaucracy. From that you can clearly see where this is going.

Re: Big tech face EU blow in national data watchdogs ruling

#36

Post by HPsquared »

streamofdigits wrote: post #2

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

It's a bit like the relationship between China and Hong Kong (until recently, at least)

Re: Big tech face EU blow in national data watchdogs ruling

#37

Post by dgellow »

Ralfp wrote: post #29
tester34 wrote: post #28

Earlier quoted context omitted.

(real question) aren't e.g Tesla, SpaceX, NASA, Boeing using govt money too?

In fact they are: SpaceX does gov contracts for US defense and NASA. Tesla is selling their carbon credits to other companies. NASA is gov agency. Boeing is doing both defense and civilian contracts for US gov.

Regarding Tesla, it's even their main source of revenue! https://www.mercurynews.com/2021/02/01/teslas-dirty-little-s...

Re: Big tech face EU blow in national data watchdogs ruling

#38

Post by s_dev »

tremon wrote: post #23
s_dev wrote: post #13

Earlier quoted context omitted.

>What is it with the British Isles It's not a British Isle -- it's an Irish one. Great Britain refers to the main island composing England, Scotland and Wales. The Irish isle of Ireland is composed of the two Irelands (Ireland and Northern Ireland). The 'British Isles' term is disputed by many Irish people. The reason it's not a geographic term is because it's not a river -- Britain is a geopolitical entity not a pur…

https://en.wikipedia.org/wiki/British_Isles > The British Isles are a group of islands in the North Atlantic off the north-western coast of continental Europe, consisting of the islands of Great Britain, Ireland, the Isle of Man, the Hebrides and over six thousand smaller islands. [They] include two sovereign states, the Republic of Ireland and the United Kingdom of Great Britain and Northern Ireland.

According to your own source the term is disputed -- a substantial amount of the article is dedicated to the dispute.

Re: Big tech face EU blow in national data watchdogs ruling

#39

Post by varispeed »

Silhouette wrote: post #27
axlee wrote: post #19

Earlier quoted context omitted.

>How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Why do you make it sound like they don't? The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate). One does not prevent the other. And calling regulations against clear abuse "endless bureaucracy" is insidious at best.

And calling regulations against clear abuse "endless democracy" is insidious at best. Well, GP wrote "endless bureaucracy" not "endless democracy", unless the comment has been edited. And that, IMNSHO as someone who has founded tech businesses here, is entirely fair criticism. The environment created by all those regulations is insanely hostile to tech entrepreneurship, and it's not as if many of those regulations ar…

You have companies that specialise in creating "start ups" that get tax payer funding, ride the money wave out and then close. Usually they put homeless people in suits to act as CEOs. One business folds, they create another one. Then governments complain the public purse is shrinking and there is no economic growth.

Re: Big tech face EU blow in national data watchdogs ruling

#40

Post by HPsquared »

brnt wrote: post #9
streamofdigits wrote: post #2

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

London is an exercise in marketing, to see how far peoples suspension of disbelief can be stretched whilst being a net drain on a country it isn't even strictly part of, and a drain the world as a whole. It is amazing to see how Brits outside of (hell, even in) London live, the British countryside has some of the poorest areas in western Europe. Evidence marketing is effective!

>> net drain on a country it isn't even strictly part of

Not quite: https://en.m.wikipedia.org/wiki/London_fiscal_balance

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