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Latest: Fintech News

US Senate Bill Has Big Tech Scared – Ars Technica
US Senate Bill Has Big Tech Scared – Ars Technica

The proposed legislation is one of two antitrust bills voted out of committee by a strong bipartisan vote, and the other would regulate app stores

VW Expects Semiconductor Shortage to Last Until 2024
VW Expects Semiconductor Shortage to Last Until 2024

The carmaker's chief financial officer, Arno Antlitz, said bottlenecks would be likely to begin to ease towards the end of this year

Warren Buffett is No. 1 Enemy of Bitcoin, Says Peter Thiel – FT
Warren Buffett is No. 1 Enemy of Bitcoin, Says Peter Thiel – FT

Thiel, who made his name as an early investor in Facebook, dismissed revered investor Warren Buffett as a “sociopathic grandpa from Omaha”

Reshoring US Chip-Making is Not the Answer – Brookings
Chinese Esports Star Banned for Life Over Match Fixing
Samsung Hit as Prices of Its ‘iPhone Rival’ S22 Slashed
China Uses AI Software to Lift Surveillance Capabilities
Indonesia’s GoTo Keen to Buck Tech Slump With $1.1bn IPO
US Arrests Japan Crime Figure Over Missile Purchase Attempt
Taiwan’s Spy Catchers Hunt Chinese Poachers of Chip Talent

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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