A factor that goes into that decision is the now inherent unreliability of relying on entities in the US as a partner. For some situations it's safer to do it in the EU despite the regulations.
> The EU has zero tech companies that rival FAANG et al here in the US. Zero. Because of it's (well-intentioned but harmful) business regulations.
Not really, it's because the EU has 28 sets of business regulations, those of the 27 members states and of the EU itself. The single market is not yet all that single, especially when it comes to digital services. The now abandoned project of the ever closer union wasn't some idealistic bs, it was the plan to gradually fix this.
What "unreliability" are you talking about in terms of American tech businesses?
> For some situations it's safer to do it in the EU despite the regulations
The EU has zero tech companies that rival FAANG et al here in the US. Zero. Because of it's (well-intentioned but harmful) business regulations.
I have a feeling you're projecting your dissatisfaction with election results more than anything tangible...