Since the UK voted to leave the EU this morning, a lot has happened: the value of the British Pound has plunged, as has the price of oil; Prime Minister David Cameron has resigned; millions of Britons might eventually find it more difficult than before to emigrate, live and work in 27 other European countries.
One can only hope that there’s a silver lining to all this for UK citizens, but it’s not yet visible. In addition to affecting the lives of millions of Europeans, the results of the referendum will have a major impact on the tech industry across the continent.
Brexit will deal a blow to the European Commission’s dream of a Digital Single Market (DSM), which would allow online services and content – such as Netflix and Spotify – to be priced and distributed in a singular manner across the continent.
The EC estimates that shifting to this model would help the EU save €415 billion a year. While it might still be possible for the UK to access the DSM after it leaves the EU, it’s hard to predict whether it will choose to do so.
Next, the EU has been in a tussle with the US over how American tech firms handle user data that it collects from Europe.
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Here : http://www.notey.com/@thenextweb_unofficial/external/10045393/what-brexit-means-for-tech-in-europe-and-the-uk.htmlhttp://www.notey.com/@thenextweb_unofficial/external/10045393/what-brexit-means-for-tech-in-europe-and-the-uk.html
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