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Latest: Fintech News

FBI, MI5 Warn World of ‘Breathtaking’ China Economic Threat
FBI, MI5 Warn World of ‘Breathtaking’ China Economic Threat

"The Chinese government is set on stealing your technology — whatever it is that makes your industry tick—and using it to undercut your business and dominate your market," says the FBI.

Samsung Shares Rise 3% After Upbeat Quarterly Earnings
Samsung Shares Rise 3% After Upbeat Quarterly Earnings

The 11% rise in earnings was attributed to demand for memory chips from server customers, which offset inflation-hit smartphone sales

Crypto Crash Continues as Lender Voyager Files for Bankruptcy
Crypto Crash Continues as Lender Voyager Files for Bankruptcy

Toronto-listed Voyager estimated its crypto assets held for customers at about $1.3 billion and its own holdings worth $110 million, plus $350 million in cash

Social Media Giant Twitter Sues India Over Removal Order
UK Crypto Lender Nexo Offers To Bail Out Troubled Vauld
US May Hammer China Chip Ambitions With New Curbs Plan
US Senators Demand Probe Over TikTok User Data
NFT Market Dragged Down by Cryptocurrency’s Collapse
Sequoia Plans $9 Billion China Fundraising – FT
Chipmakers Vexed as US Delays Funds for CHIPS Act – Nikkei

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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