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Welcome to The Segment, a newsletter for customer-facing baddies who wanna talk shop and dish dirt about the latest in tech news. Was this email forwarded to you? Don't be shy, subscribe here.
TL;DR
The European Union wants to be a welcoming home for scaling startups.
Zoom is going through a re-invention (yes, it includes AI).
Itās Friday, youāre bored, and you should follow the funniest person on LinkedIn.
ICYMI last week: How enterprise companies are using AI and what to expect in 2025.
Let's talk shop š§
getting ready to explain my job to my relatives
European dreaminā
The European Union wants Europe to get better at scaling startups. Hereās what that means:
Background
Ursula von der Leyen is entering her second 5-year term as president of the EU starting December 1.
One of her key initiatives? Closing Europeās āinnovation gapā ā a.k.a. figuring out how the region can become more competitive in the tech industry.
To sum up the commissionās strategy in a few words: they want to invest more, invest earlier, and focus better.
Whatās holding the EU back?
Some of the key hold-ups von der Leyen has mentioned are:
They need more private investment/capital
Complex red tape and bureaucracy
Costs of complying with legal regulations
Are their plans realistic?
Great question! The EU kinda has a reputation for making a lot of rules and regulations. This new direction is basically asking for a culture shift to take place.
But itās not impossible. And for startups based in Europe, this is likely welcome news.
Experts have noted a trend of startups moving from EU countries to the US due to capital flow. This, in turn, is causing brain drain as people move to work at these companies.
Why should you care?
If youāve ever dreamt of working and living in Europe, this should be music to your ears!
Maybe weāll start seeing more job opportunities across the pond in a few years so we can live out our very own Eat, Pray, Love fantasies in Italy. š
š„ļø What else is happening in tech?
Makeover alert! š Zoom wants to be known as an AI-first work platform. As part of the new era, they dropped āvideoā from their legal name and will now be known simply as Zoom Communications, Inc.
Thereās a war for attention between thought leaders and AI bots on LinkedIn. How many LinkedIn Lunatics do you think are actually bots?
A new startup can make a digital avatar to sit in on calls for you. Creepy!
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Letās dish š¤
Is this the funniest person on LinkedIn?
Letās be honestā¦
Itās the Friday after a holiday.
Youāre still stuffed from Thanksgiving dinner. Youāre overstimulated. You want to turn off your brain and laugh a little before the Sunday scaries kick in.
Enter: Ken Cheng
While some people are out here shaming people for not being āprofessionalā enough on LinkedIn, others of us are actually trying to enjoy ourselves because life is short but it doesnāt have to be boring!
Hereās another example of a classic Ken post:
You heard it, folks! Keep your friends close and your murderous stepdaughters closer.
š« What's the tea?
Tired of smart gadgets breaking because their manufacturers no longer support software updates? So is the FTC.
This is why your morning latte is taking so long: Starbucks was among many companies affected by a ransomware attack.
See you next week! š