Episode 2015: Is Apple about to pull out of the European Union and did Sam Bankman-Fried really deserve his 25 year jail sentence?
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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 and since 2011 has invested, accelerated or incubated many Silicon Valley startups including Around (sold to Miro), Millicast (Sold to Dolby), InFarm, Miles, Quixey; M.dot (sold to GoDaddy); chat.center; Loop Surveys; DownTown and Sunshine. Teare has a track record as a serial entrepreneur with big ideas and has achieved significant returns for investors. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
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