• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
TechEuropean Union
Europe

European Union gets serious as bloc seeks independence from U.S. tech such as Uber, Apple and Mastercard

By
Raziye Akkoc
Raziye Akkoc
and
AFP
AFP
Down Arrow Button Icon
By
Raziye Akkoc
Raziye Akkoc
and
AFP
AFP
Down Arrow Button Icon
April 16, 2025, 9:27 AM ET
From Microsoft to Meta, Apple to Uber, cloud computing to AI, much of the day-to-day technology used by Europeans is American.
From Microsoft to Meta, Apple to Uber, cloud computing to AI, much of the day-to-day technology used by Europeans is American.d3sign via Getty
Add Fortune on Google for similar content.

With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech.

Recommended Video

From Microsoft to Meta, Apple to Uber, cloud computing to AI, much of the day-to-day technology used by Europeans is American.

The risks that brings were hotly debated before Trump returned to power, but now Europe is getting serious — pushing to favour European firms in public contracts and backing European versions of well-known US services.

As Europe faces Trump’s tariffs, and threatens to tax US tech unless the two sides clinch a deal averting all-out trade war, there is a growing sense of urgency.

Tech sovereignty has been front and centre for weeks: the European Union unveiled its strategy to compete in the global artificial intelligence race and is talking about its own payment system to rival Mastercard.

“We have to build up our own capacities when it comes to technologies,” EU tech chief Henna Virkkunen has said, identifying three critical sectors: AI, quantum and semiconductors.

A key concern is that if ties worsen, Washington could potentially weaponise US digital dominance against Europe — with Trump’s administration already taking aim at the bloc’s tech rules.

That is giving fresh impetus to demands by industry, experts and EU lawmakers for Europe to bolster its infrastructure and cut reliance on a small group of US firms.

“Relying exclusively on non-European technologies exposes us to strategic and economic risks,” said EU lawmaker Stephanie Yon-Courtin, who focuses on digital issues, pointing to US limits on semiconductor exports as one example.

‘Buy European’ push

The data paints a stark picture.

Around two-thirds of Europe’s cloud market is in the hands of US titans Amazon, Microsoft and Google, while the share of European cloud providers has been in steady decline, falling to 13 percent in 2022.

Twenty-three percent of the bloc’s total high-tech imports in 2023 came from the United States, second only to China — in everything from aerospace and pharmaceutical tech to smartphones and chips.

Although the idea of a European social media platform to rival Facebook or X is given short shrift, officials believe that in the crucial AI field, the race is far from over.

To boost European AI firms, the EU has called for a “European preference for critical sectors and technologies” in public procurement.

“Incentives to buy European are important,” Benjamin Revcolevschi, chief executive of French cloud provider OVHcloud, told AFP, welcoming the broader made-in-Europe push.

Alison James, European government relations lead at electronics industry association IPC, summed it up: “We need to have what we need for our key industries and our critical industries to be able to make our stuff.”

There are calls for greater independence from US financial technology as well, with European Central Bank chief Christine Lagarde advocating a “European offer” to rival American (Mastercard, Visa and Paypal) and Chinese payment systems (Alipay).

Heeding the call, EU capitals have discussed creating a “truly European payment system”.

Industry insiders are also aware building tech sovereignty requires massive investment, at a moment when the EU is pouring money into defence.

In an initiative called EuroStack, digital policy experts said creating a European tech ecosystem with layers including AI would cost 300 billion euros ($340 billion) by 2035.

US trade group Chamber of Progress puts it much higher, at over five trillion euros.

Different values

US Vice President JD Vance has taken aim at tech regulation in denouncing Europe’s social and economic model — accusing it of stifling innovation and unfairly hampering US firms, many of whom have aligned with Trump’s administration.

But for many, the bloc’s values-based rules are another reason to fight for tech independence.

After repeated abuses by US Big Tech, the EU created major laws regulating the online world including the Digital Markets Act (DMA) and the Digital Services Act (DSA).

Much to the chagrin of US digital giants, the EU in 2018 introduced strict rules to protect European users’ data, and last year ushered in the world’s broadest safeguards on AI.

In practice, supporters say the DMA encourages users to discover European platforms — for instance giving users a choice of browser, rather than the default from Apple or Google.

Bruce Lawson of Norwegian web browser Vivaldi said there was “a significant and gratifying increase in downloads in Europe”, thanks in large part to the DMA.

Lawson insists it’s not about being anti-American.

“It’s about weaning ourselves off the dependency on infrastructure that have very different values about data protection,” Lawson said.

Pointing at rules in Europe that “don’t necessarily exist in the United States”, he said users simply “prefer to have their data processed by a European company”.

About the Authors
By Raziye Akkoc
See full bioRight Arrow Button Icon
By AFP
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

Amazon Prime Day total online spending surpasses Adobe estimate
Retailecommerce
Amazon Prime Day total online spending surpasses Adobe estimate
By Spencer Soper and BloombergJune 27, 2026
12 hours ago
Australia to strengthen enforcement of under-16 social media ban
PoliticsSocial Media
Australia to strengthen enforcement of under-16 social media ban
By Ainslie Chandler and BloombergJune 27, 2026
17 hours ago
Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
Big TechChips
Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
By Angela Cullen and BloombergJune 27, 2026
17 hours ago
SpaceX, Charter discussed mobile phone partnership in U.S.
North Americaspace
SpaceX, Charter discussed mobile phone partnership in U.S.
By Kelcee Griffis and BloombergJune 27, 2026
17 hours ago
Anthropic’s Mythos 5 AI model cleared by U.S. for wider use
AIAnthropic
Anthropic’s Mythos 5 AI model cleared by U.S. for wider use
By Josh Wingrove, Rachel Metz and BloombergJune 27, 2026
17 hours ago
erik
AIJobs
‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts
By Nick LichtenbergJune 27, 2026
18 hours ago

Most Popular

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
21 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
3 days ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
4 days ago
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
AI
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
By Sebastian HerreraJune 27, 2026
22 hours ago
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says, amid military mutiny threat and fuel-shortage brawls
Europe
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says, amid military mutiny threat and fuel-shortage brawls
By Jason MaJune 27, 2026
13 hours ago
Big Short legend Steve Eisman says everyone is buying the wrong AI stocks
Investing
Big Short legend Steve Eisman says everyone is buying the wrong AI stocks
By Shawn TullyJune 27, 2026
23 hours ago