Lisbon, Portugal (CNN Business)Europe’s Web Summit this week was buzzing with tiny startups hoping for the big break that would turn them into the rock stars of tech who crowded the conference’s main stage.
But after a year many would like to forget, the big questions hanging over the future of the industry also loomed large at the conference. Facebook’s data scandal
, Europe’s new sweeping privacy rules
, waves of misinformation, slumping stock prices and record antitrust fines
have left the industry feeling badly bruised.
About 70,000 people attended the summit in Lisbon, Portugal, with a lot on their minds. The tech industry is facing more challenges than ever before — from regulation and hacking, to questions about funding and the trade war between the world’s two biggest economies.