• 47 Posts
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Joined 1 year ago
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Cake day: January 29th, 2025

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  • What Europeans could not build quickly for themselves, due to a thicket of regulations, they often imported just as quickly from abroad….

    Skype was a very successful European company that was acquired by Microsoft (and then shut down to promote MS Teams, a product that is much worse). Mojang Studios, famous for its online game Minecraft, is a Swedish product also acquired by Microsoft. DeepMind was acquired by Alphabet/Google from its UK founders.

    The list of European companies that have eventually been acquired by U.S. big tech is very long. What Europe lacks in my humble opinion is a sense of sovereignty, meaning we need to make sure that our stakes are protected and not just sold out abroad. We needs more laws to protect this sovereignty (similar to those in the U.S. and China).

    I also agree with other views here like @[email protected]’s remark that American firms are underregulated, but this is something Europe can hardly influence. But Europe should enhance regulation to make sure that technology developed on the continent isn’t given away.

    I strongly disagree with the article in that sense. There is a lot of homegrown EU tech, Mastodon being another example.

























  • What an absurdly weird comment. You want oil? You get oil.

    China is not only a decisive supporter of Russia in its war against Ukraine, it’s been bullying practically all its neighbours in Asia. Beijing’s envoys have openly threatened foreign government officials (as Japan’s PM) and other countries’ populations (Japan, Australia), and threatening Taiwan. A Chinese envoy in Europe claimed that former Soviet-states (like Ukraine, Estonia, Lithuania, Latvia, and all others) have ‘no effective status’ in international law. And this is just a TINY sample of what China stands for.

    Saying it’s not a ‘conflict type’ is absurd. China isn’t a reliable partner, and it doesn’t get better because the U.S. gets worse.




  • Norges has publicly divested and excluded more than 100 companies from its investment because their products or conduct violate fundamental ethical norms. The list comprises companies from around the globe.

    Such exclusion lists exist for practically all similar funds, at least in democratic countries (before the tankies go mad: yes, it’s not perfect, we know). As you can see, in case of Norges, the list includes companies from a wide range of countries and regions, notably from the EU, the US, and China.

    The 11 Israeli companies are not yet listed on the Norges website (as far as I can tell from quickly reading through the list).

    Additon: The fund writes on its website:

    Since 2020, we have been in contact with more than 60 companies to raise this issue [of war and conflict zones]. Of these, 39 dialogues were related to the West Bank and Gaza. In the autumn of 2024, we further intensified the monitoring of our investments in Israeli companies. As a result, we have sold our investments in several Israeli companies.