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HaraldvonBlauzahn@feddit.org to Europe@feddit.orgEnglish · 18 days ago

US tech giants warn Europe that ditching US tech giants could cost €115B

www.theregister.com

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US tech giants warn Europe that ditching US tech giants could cost €115B

www.theregister.com

HaraldvonBlauzahn@feddit.org to Europe@feddit.orgEnglish · 18 days ago
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  • cross-posted to:
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Amazon, Google, Meta among members of lobby group funding dire warnings over cloud sovereignty plans
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  • BigShammy80@feddit.org
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    18 days ago

    Nice… so we do something right when they “warn us”. Let’s keep on going.

  • Kyrias@lemmy.ca
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    18 days ago

    €115B into the European economy? Sounds great.

    • UID_Zero@infosec.pub
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      18 days ago

      Plus the non-monitary benefits longer-term…seems like a huge win.

  • subOrange@lemmy.world
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    18 days ago

    Money not spend and value created? Win win scenario, just for a little hiccup during the transition…

    • tardigrade@scribe.disroot.org
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      18 days ago

      Yes, but the hiccup may not even be so great, at least not monetarily, because the money is spent in Europe …

    • UnfortunateShort@lemmy.world
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      18 days ago

      115B one-time payment is not even that much for the entire EU lol

      • nightwatch_admin@lemmy.world
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        18 days ago

        Uhh that’s like €3 €300 pp right? Still sounds like an excellent deal to me!

  • Jiral@lemmy.world
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    18 days ago

    And not ditching them costs us our freedom and future. Also, authorities in the EU and member states are spending billions on licenses and support, going to those US tech giants, every single year. And just for context, The EU27 spent 418B EUR on defense in 2025 alone. On top of that, that money would stay in Europe instead of being lost to the US.

    Given that not even the US tech lobby couldn’t inflate that number to more than 115B EUR, makes it even financially a very realistic endeavor. Thanks tech oligarchs for confirming it.

  • AnnieByniaeth@feddit.uk
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    18 days ago

    Even if that figure were accurate (which, as others have already pointed out, is unlikely) there is a finite payback period. And that’s not even taking into consideration the advantages of digital independence.

  • j5y7@sh.itjust.works
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    18 days ago

    Seems more like an investment than a loss.

  • FrogCat@piefed.social
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    18 days ago

    An animated GIF of Palpatine in one of the Star Wars prequel movies, saying "do it". Below Palpatine's face, the words "DO IT" are printed in capital letters, in a white bold font.

    • SquareScarletCougar@lemmy.world
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      18 days ago

      Here I go again watching the Gamegrumps episode with that reference for the 100000th time 😂 https://youtu.be/VZKUzr78gs8?is=yql2uv_BIeb7T3_1

  • alexquiniou@lemmy.zip
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    18 days ago

    It could cost 115B for them ! 😎

  • stinkytofuisgood@lemmy.ca
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    18 days ago

    Just as they warned Australia about removing algorithms from social media?

    Their interests are quite clear to all but the most deluded.

  • Malica@lemmy.zip
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    17 days ago

    You can’t put a price on freedom

  • brainwashed@feddit.org
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    17 days ago

    Let’s find out.

  • Flaxseed@lemmy.world
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    17 days ago

    Wauw, that’s cheap! Great argument to start pumping that money into the European economy with the benefits it bring.

  • lithiumground@lemmy.worlddeleted by creator
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    6 days ago

    deleted by creator

  • Photonic@lemmy.worldBanned
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    5 days ago

    Removed by mod

  • woelkchen@lemmy.world
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    18 days ago

    So thoughtful of them

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