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Latest: Fintech News

Higher China Tariffs Will Start on August 1, US Trade Rep Says
Higher China Tariffs Will Start on August 1, US Trade Rep Says

The new measures, which affect $18 billion of imported Chinese goods such as steel and aluminium, chips, EVs, critical minerals, solar cells and cranes, will start in August

News is Disappearing as Web Content is Deleted – Independent
News is Disappearing as Web Content is Deleted – Independent

A research centre report revealed 38% of the web pages that existed in 2013 have now been lost because they've been moved or binned

Google, Meta, Microsoft, Others Agree on AI ‘Red Lines’
Google, Meta, Microsoft, Others Agree on AI ‘Red Lines’

More than a dozen technology leaders, also including Amazon, IBM and Samsung, signed up to protocols for the development of artificial intelligence

Vietnam Asks Foxconn, Others to Cut Power Use to Avert Blackouts
Alibaba, Baidu Slash Price of Language Models Used With AI Bots
US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen
Aussie Who Said he Invented Bitcoin Lied on ‘Grand Scale’: Judge
Crypto Venture Capital Funding Topped $2.4bn For Q1
Apple Offers Big iPhone Discounts in China Amid Sales Slump
China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors