Meta's President Nick Clegg states European tech innovation lags behind US and China due to regulation and highlights the need for tech-startup partnerships.
European tech is falling behind the US and China in innovation, according to Nick Clegg, Meta's president of global affairs. Clegg argued Europe's focus on regulation allows China to imitate and the US to innovate, stating success requires partnerships between tech companies and startups. Clegg is promoting a mentoring program for European startups by Meta and two French companies.
June 24, 2024
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