Keen On

Is it really conceivable that Apple will withdraw its products and services from the entire European Union? What might sound absurd is actually conceivable, That Was the Week’s Keith Teare says, because of what he sees as the EU’s increasingly autocratic behavior toward big tech US companies like Apple. Tim Cook, Apple’s CEO, has been doing the math, Keith warns EU bureaucrats, and is recognizing that it’s simply not worth being in a market where regulatory fines are making its European Union presence unprofitable. In other tech news of the week, Keith evaluates Sam Bankman-Friedman’s 25 year prison sentence and Amazon’s latest $4 billion investment in AI “startup” Anthropic. Keith Teare is a Founder and CEO at SignalRank Corporation. Previously he was Executive Chairman at Accelerated Digital Ventures Ltd - A UK-based global investment company focused on startups at all stages. He was also previously the founder at the Palo Alto incubator, Archimedes Labs. Archimedes was the original incubator for TechCrunch