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Latest: Fintech News

Taiwan February Export Orders Jump in 24th Monthly Increase
Taiwan February Export Orders Jump in 24th Monthly Increase

Taiwan's export orders leapt 21.1% from a year earlier to $51.56 billion last month on sustained technology demand

Smartphone Shipments in China Down 32% on-Year in February
Smartphone Shipments in China Down 32% on-Year in February

Shipments of smartphones within China fell 31.8% year-on-year to 14.5 million handsets in February, the China Academy of Information and Communications (CAICT) reported on Monday.

Second Life Creator Says Facebook-like Metaverse a Disaster – Nikkei
Second Life Creator Says Facebook-like Metaverse a Disaster – Nikkei

Putting people as avatars into a virtual world with that kind of surveillance and behavior modification would be extremely dangerous for everyone, says Philip Rosedale

GM Bets $3.5bn More on Self-Driving Tech Unit as SoftBank Exits
India’s Central Bank Warns of Global Downside Risks
Mercedes-Benz Opens China R&D Unit Focused on Mobility Tech
HSBC Buys Virtual Plot of Land in First Metaverse Foray
Australian Watchdog Takes Meta to Court Over Crypto Scams
Japan’s Murata to Restart Production After Earthquake
Japan’s Bridgestone Reports Ransomware Attack on US Unit

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