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Latest: Fintech News

India Startups Cheer ‘Landmark’ Android Ruling Against Google
India Startups Cheer ‘Landmark’ Android Ruling Against Google

The directives, by the Competition Commission of India, force Google to make changes like allowing third-party app stores to be housed within its Play Store

Tesla’s Mighty Profits Eat Into Asian Rivals in EV Price War
Tesla’s Mighty Profits Eat Into Asian Rivals in EV Price War

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume

Taiwan Fines Foxconn T$10 Million Over China Investment
Taiwan Fines Foxconn T$10 Million Over China Investment

Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’

Chinese Suppliers Seek Partners to Make iPhones in India – ET
India Moves to Ban ‘Fake’ News in Latest Tech Crackdown
Chinese State to Launch Ride-Hailing, Transport Platform
Cryptocurrency Exchange Coinbase to Stop Operations in Japan
Tech Supply Chains Will Shape Politics For Decades: Intel – CNN
US Extends China Chip Curbs to Macau Over Tech Diversion Risk
Macau Junket King Alvin Chau Gets 18 Years For Casino Crimes

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