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Latest: Fintech News

ByteDance’s TikTok Testing Paid Subscriptions – The Information
ByteDance’s TikTok Testing Paid Subscriptions – The Information

Earlier, rival photo and short-video platform Instagram announced it was offering paid subscriptions to a small group of influencers

US Fed Touts CBDC Benefits as Russia Calls for Broad Ban on Crypto
US Fed Touts CBDC Benefits as Russia Calls for Broad Ban on Crypto

The Fed stressed it is not signalling any 'decisions about the appropriateness of issuing a US CBDC' while the Bank of Russia sought a crackdown on transactions and mining

Australia Vows to Fight Back Against State Cyber Attacks
Australia Vows to Fight Back Against State Cyber Attacks

Foreign Minister Marise Payne said Canberra would challenge 'malign actors who use technology to undermine freedom and democracy'

Southeast Asia Video Gaming Guild Raises $4m – CoinDesk
7-Eleven to Deploy Self-Checkout Registers – Japan News
ByteDance to Disband Strategic Investment Team – Nikkei
China’s JD.com Signs Partnership With Canadian Peer – Caixin
China Tech Giants Told Investments Must Be Approved
Airlines Overhaul Schedules Amid US 5G Rollout Worries
Tycoon Seeks Retrial Over Emails Revealed by Indian Hackers

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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