Solar Energy News
SPACE TRAVEL
European tech must keep pace with US, China: Meta's Clegg
European tech must keep pace with US, China: Meta's Clegg
by AFP Staff Writers
Paris (AFP) June 24, 2024

Europe is lagging behind both the United States and China when it comes to technology and innovation, top executive with US firm Meta Nick Clegg has told AFP.

Clegg, president of global affairs at the parent company of Facebook, Instagram and WhatsApp, said Europe had a "real problem".

"We are falling very rapidly behind the US and China," said Clegg, who was promoting a scheme to mentor startups on the continent.

"I think for too long, the view has been that Europe's only role is to regulate. And then China imitates and America innovates."

But he argued it was not possible to "build success on the back of a law".

"You build the success on the back of innovation, entrepreneurship, and a partnership between big tech companies and small startups."

Clegg was promoting a scheme run by Meta and two French companies to offer five European startups six months of mentoring and access to their facilities.

Clegg has spearheaded previous efforts by Meta to invest in tech in Europe, announcing in 2021 that the US firm would create 10,000 jobs there to help build the "metaverse".

Meta burnt through billions of dollars trying to make its metaverse project a reality but has since changed focus to artificial intelligence and announced thousands of layoffs, including in the teams working on the metaverse.

dax-jxb/bc

Meta

Related Links
Space Tourism, Space Transport and Space Exploration News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
SPACE TRAVEL
NASA Doubles Down, Advances 6 Innovative Tech Concepts to New Phase
Pasadena CA (JPL) May 03, 2024
One of the 'science fiction-like' concepts - for a lunar railway system to provide payload transport on the Moon - is being developed at NASA's Jet Propulsion Laboratory. NASA's Innovative Advanced Concepts program (NIAC) has selected six visionary concept studies for additional funding and development. Each study has already completed the initial NIAC phase, showing their futuristic ideas - like a lunar railway system and fluid-based telescopes - may provide fresh perspectives and approaches as N ... read more

SPACE TRAVEL
Sky's the limit for biofuels

Sustainable Aviation Fuel Reduces Non-CO2 Emissions

Vast Gets Approval for Solar Methanol Plant in Port Augusta

Singapore shipper claims milestone with bio-methanol refuelling

SPACE TRAVEL
AI takes centre stage as Mobile World Congress Shanghai kicks off

Amazon cloud giant AWS wants public sector to embrace AI

NBC brings AI version of legendary broadcaster to Olympic coverage

AI goes mainstream as 'AI PCs' hit the market

SPACE TRAVEL
Why US offshore wind power is struggling - the good, the bad and the opportunity

Robots enhance wind turbine blade production at NREL

Offshore wind turbines may reduce nearby power output

Wind Energy Expansion Planned for China's Rural Areas

SPACE TRAVEL
Locals protest against Turkish island's 'monstrobuses'

Autonomous car rules advancing faster than the vehicles themselves: UN

EU and China open talks over electric car tariffs

Stellantis warns could halt UK car production

SPACE TRAVEL
Investigators comb wreckage after S. Korea lithium factory fire kills 23

Startup aims to transform the power grid with superconducting transmission lines

Whoever controls electrolytes will pave the way for electric vehicles

New approaches for perovskite-based ferroelectric ceramics in energy storage

SPACE TRAVEL
Major Niger uranium mine back in public control: govt

Framatome secures EU funding for 100% European fuel development

Key neutron transfer mechanism could lead to advances in nuclear physics

Niger revokes French operating licence at major uranium mine

SPACE TRAVEL
Russia launches new 'massive' attack on Ukraine power network

Japan urged to triple renewables capacity by 2035

Swedish emissions dip in 2023 amid climate policy concerns

In Aberdeen, climate and energy take centre stage in UK election

SPACE TRAVEL
Indonesia palm oil firm accused of illegal deforestation

US urges EU to delay anti-deforestation law

Lula calls for 'agility' in combatting Amazon deforestation crime

Carbon credits protecting forests use flawed calculations: study

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.