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Latest: Fintech News

Musk U-Turn: Ready to Buy Twitter if it Drops Legal Case
Musk U-Turn: Ready to Buy Twitter if it Drops Legal Case

Fear of court proceedings may have convinced Musk to proceed with his $44-billion bid to take Twitter private, legal experts say

Apple CEO Tim Cook Voices Doubts About Metaverse – Verge
Apple CEO Tim Cook Voices Doubts About Metaverse – Verge

Apple chief executive Tim Cook says he is "really not sure the average person can tell you what the metaverse is".

Samsung to Triple Microchip Production Due to Soaring Demand
Samsung to Triple Microchip Production Due to Soaring Demand

The South Korean firm plans to ramp up manufacturing of its advanced chips used for artificial intelligence, 5G, and high-performance computing over the next five years

US Seen Blocking More Chip Exports From China’s Military
Apple’s Office in Seoul Raided by Korean Regulators – CNet
China’s Xiaomi to Protect Interests After Assets Freeze in India
Experts Unimpressed With Tesla’s Humanoid Robots – AP
China’s JD.com Founder Liu Settles US Rape Civil Claim
Australian Government Blames Phone Giant for Huge Data Hack
Tencent Seen Aiming at Majority Stakes in Foreign Gaming Firms

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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