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Latest: Fintech News

US and Canada Order TikTok Cut From All Government Phones
US and Canada Order TikTok Cut From All Government Phones

The US and Canada have ramped up efforts to get TikTok off government phones and devices; US agencies were given 30 days to ensure state workers' phones do not have the Chinese app on them

Huawei Dominates Global Tech Fair Despite US Curbs – US News
Huawei Dominates Global Tech Fair Despite US Curbs – US News

Huawei expanded its footprint at the Mobile World Congress despite escalating tensions between the US and China over TikTok, spy balloons and computers chips, US News said

Australia Plans New Cyber Security Agency in Policy Shake-up
Australia Plans New Cyber Security Agency in Policy Shake-up

Current cyber security rules, government policies and regulations "are simply not at the level that we need them to be," Prime Minister Anthony Albanese said

FTX’s Bankman-Fried Could Face 155 Years Jail – EuroNews
China’s Tencent Assembles Team To Create ChatGPT Rival
‘Fab 4’ Chip Alliance Holds First Senior Officials Meeting
IMF Chief Floats Crypto Ban Amid Debt Restructuring Talks
China Wants To ‘Integrate’ ChatGPT-Like Tech in its Economy
TSMC Plans $7.4-Billion Second Japan Fab For High-End Chips
European Commission Bans TikTok on Staff Phones – BBC

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