The EU fined American tech companies €3.8 billion in 2024 alone. That’s more than the EU collected in corporate taxes from EVERY tech company headquartered in Europe combined. Is this really about protecting consumers? It seems like a wealth transfer from US companies to EU governments, disguised as regulation. They fined a handful of American firms more than all European tech paid in taxes, they then dump the money straight into their own budgets. | Jeffery Mead

21K views · 339 reactions | Over the past quarter century, American tech companies to a large degree designed and built China’s surveillance state, playing a far greater role in enabling human rights abuses than previously known, the Associated Press has found. | AP | Facebook

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