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Latest: Fintech News

Tech Giants Rush to Develop VR Headsets – Economist
Tech Giants Rush to Develop VR Headsets – Economist

The world's biggest tech companies are convinced that what has long been a niche market may be on the brink of becoming something much larger

Social Media App Another Trump Failure – The Guardian
Social Media App Another Trump Failure – The Guardian

It’s too soon to tell but as with many Trump businesses that fail to take off, the former US president appears to be washing his hands of it

US Senate Bill Has Big Tech Scared – Ars Technica
US Senate Bill Has Big Tech Scared – Ars Technica

The proposed legislation is one of two antitrust bills voted out of committee by a strong bipartisan vote, and the other would regulate app stores

VW Expects Semiconductor Shortage to Last Until 2024
Warren Buffett is No. 1 Enemy of Bitcoin, Says Peter Thiel – FT
Reshoring US Chip-Making is Not the Answer – Brookings
Chinese Esports Star Banned for Life Over Match Fixing
Samsung Hit as Prices of Its ‘iPhone Rival’ S22 Slashed
China Uses AI Software to Lift Surveillance Capabilities
Indonesia’s GoTo Keen to Buck Tech Slump With $1.1bn IPO

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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