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European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory

www.cnbc.com European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory

Tech CEOs in Europe are urging the region to take bolder actions to tackle Big Tech's dominance and counter reliance on the U.S. after Donald Trump's presidential election win.

European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory

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  • CEOs of European technology companies told CNBC at the Web Summit technology conference this week that the continent should adopt a “Europe-first” approach to tech, after U.S. President-elect Donald Trump’s election victory.
  • Andy Yen, CEO of VPN maker Proton, said Europe should “step up” and “be aggressive” to counter U.S. Big Tech firms’ tight grip on many important technologies, such as web browsing, cloud computing, smartphones — and now artificial intelligence.
  • Thomas Plantenga, CEO of Lithuania-based used clothing app Vinted, urged Europe to take the “right choices” to ensure it doesn’t get “left behind.”
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