Sridhar Vembu Calls Google, Meta, Microsoft 'New East India Company'

• Zoho founder Sridhar Vembu criticized American tech giants, labeling them the 'new East India Company'.
• Vembu emphasized that technological sovereignty is crucial for a truly independent nation.
• He highlighted Europe's move towards tech independence, citing France's shift from US apps like Teams and Zoom to local solutions like Visio.
• The European Union is drafting laws to promote domestic tech and reduce reliance on American companies, prioritizing data security.
• Zoho has developed its own WhatsApp alternative, Attarai, reinforcing the need for indigenous tech solutions.

Why It Matters: Sridhar Vembu warns against reliance on US tech giants, advocating for technological sovereignty and local alternatives.