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Latest: Fintech News

German News Site Reveals Tesla Autopilot Complaints – Jalopnik
German News Site Reveals Tesla Autopilot Complaints – Jalopnik

News site reports details of alleged complaints about Autopilot software problems in Tesla electric vehicles over seven years to 2022

US, China Ministers Hold ‘Candid’ Talks on Trade Concerns
US, China Ministers Hold ‘Candid’ Talks on Trade Concerns

Gina Raimondo and her counterpart Wang Wentao discussed a series of trade and security issues that have rocked bilateral dealings and amplified geopolitical tensions

Japan and US Agree to Cooperate on Advanced Technology
Japan and US Agree to Cooperate on Advanced Technology

The two allies are looking to cooperate closely in research and development of advanced chips, artificial intelligence and quantum technology, sources say

US Risks ‘Enormous Damage’ With China Chip War: Nvidia CEO – FT
Blackstone’s Lumina Talking to Tech Giants on Indian Data Centres
China’s $1.5trln Brokerage Sector Set For More Pain – SCMP
Chinese Hackers ‘Spying on Critical US Services, Guam’
China’s Lenovo Logs Revenue Hit as PC Demand Crashes
South Korea Asks US to Review China Curbs in Chips Act Funding
Russian PM Signs Economic Deals in Beijing as Ties Warm

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