News Snapshot:
Nick Clegg head of Facebook communications. REUTERS/Hannah McKay/File Photo Facebook's global policy chief Nick Clegg spoke to EU lawmakers on Wednesday. He touched on a sore point within Europe on why the bloc has no modern equivalent to a Google or a Tencent. Clegg said the reason there hasn't been a European tech success to rival Facebook or Google is because the EU has failed to create a "digital single market." He urged lawmakers to focus on this rather than creating new laws to sanction existing tech giants. Europe has itself to blame for not producing a Facebook or a...