The tech industry's dream of one global market is dying

  • 📰 axios
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The tech world order that came together in the '90s at the Cold War's end is falling apart. The triple whammy: Russia's invasion of Ukraine, the pandemic and the decoupling between the U.S. and China.

The tech world order that came together in the '90s at the Cold War's end is falling apart today as a new rift between Russia and the West opens and a great retrenchment begins.The breakup of the USSR in the early '90s opened an era in which internet use rapidly spread around the globe and U.S. tech companies viewed the entire planet as both factory floor and market.

But the triple whammy of a "decoupling" between the U.S. and China, a global pandemic, and Russia's Ukraine invasion is rapidly shifting the landscape — and raising questions about how long those firms can maintain their colossal scale.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Excellent

K well Silicon Valley tech fascists like Peter Theil and Zuck are making that happen.

u forgot the fourth element which is NATO encroachment towards Russia's borders & the fifth element which is the insolent attitude of the western world towards all other nations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines