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Latest: Fintech News

US Authorities Investigating Musk, Twitter Tells Court
US Authorities Investigating Musk, Twitter Tells Court

$44-billion takeover bid hits rocky water. But a lawyer for Musk said Twitter's court filing was a "misdirection" and that: "It is Twitter's executives that are under federal investigation."

Japan’s Sony And Honda Team up to Make Luxury EV
Japan’s Sony And Honda Team up to Make Luxury EV

The vehicle will be equipped a Level 3 autonomous drive system and is likely to be made at one of Honda's plants in Ohio by 2026

TSMC, Samsung Win Waivers; US Workers Ban Rocks China Firms
TSMC, Samsung Win Waivers; US Workers Ban Rocks China Firms

Chip giants allowed to continue work at their China factories, but the ban on US citizens working for local firms has shocked the sector, forcing firms like Naura and YMTC to pull key staff

China Tipped to Boost Spending as Chip Race Heats Up
Applied Materials Chops Revenue Forecasts on China Curbs
Crypto exchange Blockchain.com Wins Singapore Licence
TikTok Owner Bytedance Makes New Share Buyback Offer to Staff
Apple, Samsung to Boost Phone Software for India 5G Rollout
South Korea’s SK Hynix Wins Reprieve From US Chip Curbs
Australian Regulators Investigate Optus After Cyberattack

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