Categories: Top Stories

Volvo CEO to EU: Europe will be loser if it cuts ties with Google, Microsoft and Amazon

European auto leaders are sounding the alarm, warning the EU’s drive for ‘tech sovereignty’ could cripple local businesses. CEOs from Volvo, Stellantis, and Volkswagen fear that cutting ties with US tech giants like Google and Microsoft will hike development costs and shrink markets. They urge deeper ties with American industry to counter China, advocating for free-market competition over government mandates for homegrown tech.

The News Vista

Share
Published by
The News Vista

Recent Posts

Sam Altman criticises Anthropic’s push to explore AI consciousness and religion

I am very uncomfortable about people trying to ascribe religious force or a surrender of…

2 hours ago

Salman Khan reveals ‘10 Ka Dum’ helped him overcome his ‘Negative’ image

Salman Khan shared how he faced negativity surrounding his personal life and career after Maine…

3 hours ago

Does boiling potatoes before frying make them tastier and healthier?

The cooking techniques used for potatoes can greatly influence their flavor and texture. Boiling softens…

3 hours ago

Neeru Dhanda eyes Olympic medal to end wait since Rajyavardhan’s 2004 silver

After battling viral fever and a rushed recovery, Neeru Dhanda arrived at the Asian Games…

3 hours ago

Yemeni govt strikes Houthis as tensions rise amid reports of planned Saudi offensive

Yemen's government has launched military strikes aimed at Houthi positions in Sanaa, marking a significant…

3 hours ago

‘Divorce, Rs 30 lakh hospital bill’: What led to techie’s fatal jump from Supernova

Sambhav Jain, a 28-year-old software engineer, died by suicide after jumping from a 41st-floor balcony.…

3 hours ago