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Latest: Fintech News

India’s New VPN Rules ‘Worse Than Russia, China’ – MediaNama
India’s New VPN Rules ‘Worse Than Russia, China’ – MediaNama

The new rules were brought in by India's Computer Emergency Response Team as part of a wide-ranging tech crackdown on firms operating in the country

Apple Workers Revolt at Back to Office Order – Computer World
Apple Workers Revolt at Back to Office Order – Computer World

A group of Apple employees has pushed back against a call by the $2.46-trillion company for them to return to the office three days a week, according to a report

JD.com, Alibaba and China Tech Stocks Sink Further
JD.com, Alibaba and China Tech Stocks Sink Further

The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28

France’s Renault Sells Stake in Korean Arm to China’s Geely
Tesla Faces Shortage of EV Parts, Halts Production in Shanghai
Japan’s TDK Looks to Build $383m EV Parts Facility – Nikkei
Crypto Thieves Lurk on Social Media to Steal NFTs – ST
Apple’s Chinese Engineers Keep Production Humming – WSJ
Crypto Fear and Greed Index Now in ‘Extreme Fear’ Territory
US May Screen Tech Startups Amid China Warning – WSJ

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