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Latest: Fintech News

Big Tech ‘Doing Little’ to Counter Rampant Scams on Social Media
Big Tech ‘Doing Little’ to Counter Rampant Scams on Social Media

Social media giants are not taking responsibility for rampant scams being conducted on their platforms, which is unacceptable, an expert on Chinese crime gangs in Myanmar and Southeast Asia says

Binance Resignation, $50m Fine Seen as ‘Good Outcome’ For CZ
Binance Resignation, $50m Fine Seen as ‘Good Outcome’ For CZ

The US Justice Department is now reportedly seeking an 18-month prison sentence for Zhao, the maximum suggested under federal guidelines

Baidu Beats Q3 Revenue Forecasts, Says AI Key to Growth
Baidu Beats Q3 Revenue Forecasts, Says AI Key to Growth

China's largest search engine saw third-quarter revenue of $4.72 billion as advertisers responded to recent green shoots of recovery

OpenAI Investors Weigh Legal Options Amid Fears Of Collapse
TikTok Not Off The Hook With US: Treasury Secretary Yellen
Turmoil at OpenAI After Board Coup, Altman Heads to Microsoft
Foxconn EV Unit’s Low-Powered Market Debut Amid Sector Fears
India Approves Foxconn, Dell Investments in Domestic Tech Push
South Korea’s Hyundai to Sell Vehicles on Amazon From 2024
China’s Xi Scores Standing Ovations, Sanctions Relief on US Trip

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