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Latest: Fintech News

South Korea Fines Google, Meta $72m for Privacy Violations
South Korea Fines Google, Meta $72m for Privacy Violations

Seoul's Personal Information Protection Commission said it had fined Alphabet's Google $50m and Meta $22m for privacy violations. Both said they would review the finding.

Twitter Has a Chinese Spy, Says Its Former Security Chief
Twitter Has a Chinese Spy, Says Its Former Security Chief

The FBI told Twitter an agent from China's Ministry of State Security was on its payroll, a Senate Judiciary Committee heard on Tuesday

Apple to Use New TSMC Chip Tech in iPhones, Macs – Nikkei
Apple to Use New TSMC Chip Tech in iPhones, Macs – Nikkei

TSMC's new N3E chipmaking tech will offer better performance, energy efficiency, and cost-effectiveness, the report said.

US Pondering Sanctions to Stop China Invading Taiwan
Taiwan Firm to Start Work Soon on $5bn Wafer Plant in Texas
Twitter Reaped a Bonanza From Chinese State Entities
Ether Eyes Bitcoin’s Crypto Crown as ‘Merge’ Upgrade Looms
Vedanta Picks Modi’s State for $20bn India Chips Plant
US to Ban Export of Chips, Chipmaking Tools to China
China ‘Stolen Personal Data of 80% of Americans’ – The Hill

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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