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Latest: Fintech News

Elon Musk and the SEC: A History – The Information
Elon Musk and the SEC: A History – The Information

Musk on Monday revealed a 9.2% stake in Twitter but filed as a passive shareholder, avoiding detailed financial disclosure

Crypto Losses Surge 695% in First Quarter – TechCrunch
Crypto Losses Surge 695% in First Quarter – TechCrunch

There has been a “loss” of about $1.23 billion across the web3 ecosystem in the first quarter of 2022, according to a report by Immunefi

ByteDance Uploaded Other Platforms’ Accounts – BuzzFeed
ByteDance Uploaded Other Platforms’ Accounts – BuzzFeed

The scraping was run by an engineering team in China and began soon after ByteDance acquired Flipagram in January 2017

NFT Market Shrinks as Sales Decline After Great Leap Forward
Taiwan Eyeing Closer Tech Ties With US – Nikkei Asia
Huawei Pays $9.6bn in Dividends to Current and Retired Staff
Musk Posts Poll for Twitter Edit Button, CEO Says Vote Carefully
Indonesia’s GoTo Sells Stake in Philippines E-wallet Outfit
Musk Discloses 9.2% Stake in Twitter Sending Shares Soaring
Taiwan Keen to Build Drone Fleet After Ukraine War – SCMP

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