Zoho’s Sridhar Vembu labels big tech ‘East India Company’, pitches for ‘technology sovereignty’

France took the decision to phase out American video meeting solutions with a homegrown alternative, and Zoho’s co-founder, Sridhar Vembu, has shared his take on the matter, calling for ‘technology sovereignty’ as sovereign nations stand up. In a post on X, Vembu likened today’s Big Tech companies to the historical East India Company, praising Europe’s awakening to the risks of foreign tech dominance, while also taunting at the irony.