Comment by gib444
> and no significant large technology companies
I can only assume this is a comparison to the US
The world doesn't care about the US yard stick so much. Even less now than before. We in Europe don't care our economy is smaller than the US, that our cars are smaller etc.
Bigger is not always better
Sure, but at least you have homegrown car companies. They make cutting edge cars that are mainstream, and even popular abroad.
You have no equivalents for software. That's why all of your consumer and most of your official stuff runs on US software and cloud platforms, and why headlines like these are...headlines rather than just being normal.
Don't get me wrong -- as a US consumer, I would love for this to change and have EuroCloud or whatever. Hetzner isn't too bad. But it doesn't have the scale and service breadth that Microsoft, Amazon or Google bring.