fbpx

Type to search

Latest: Fintech News

Canberra Says Optus Should Pay for New Passports After Hack
Canberra Says Optus Should Pay for New Passports After Hack

Australian minister says Optus should replace passports for victims of a massive data breach, which the government blames on the phone company's "cybersecurity failures"

Meta Removes China Propaganda Aimed at US Midterms
Meta Removes China Propaganda Aimed at US Midterms

Meta said it disrupted a China-based influence operation using Facebook and Instagram accounts with political content aimed at users in the US ahead of the midterm elections

China’s ByteDance to Add Four Directors to Board – SCMP
China’s ByteDance to Add Four Directors to Board – SCMP

The proposal comes as pressure mounts on ByteDance over TikTok's 'excessive' harvesting of users' data, which could be shared with Chinese authorities.

US Lawmakers Seek Power to Block Investment in China
China Firms Work on Alternatives to Nvidia Auto Chips – TechCrunch
China Arrests 93 for Laundering Billions in Crypto – Pandaily
Former Chicago Student Convicted of Spying For China – Tribune
Philippines to Deport 40,000 Chinese in Gambling Crackdown
US Lawmakers, TikTok Close in on Data Security Deal
Staff at UK Chip Firm Prefer Dutch/Chinese Owners – Times

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