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Latest: Fintech News

China Puts Property Freeze on US Firms Tied to Taiwan Weapons
China Puts Property Freeze on US Firms Tied to Taiwan Weapons

Beijing has imposed a legal 'freeze' on the nine companies' properties on the mainland in a bid to pressure the United States to halt arms sales to the island

Google Set to Label AI-Generated Images in Search – TC
Google Set to Label AI-Generated Images in Search – TC

Auditors Deloitte are forecasting that deepfake-related losses will surge from $12.3 billion in 2023 to $40 billion in three years time

Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000
Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000

Taiwan company says pagers were made in Budapest, while analysts say small explosive was likely planted in devices used by Hezbollah and that the attack may spur fears about handsets

Japan Nears China Chip Curbs Deal With ‘Bad Cop, Very Bad Cop’ US
Musk ‘Eroding Tesla EV Sales’, But do Bigger Things Lie Ahead?
CATL Bus Battery Can Clock Up 1.5 Million Kilometres – CNC
Flipkart, Amazon Accused of Unfair Samsung, Xiaomi India Tie-Ups
BIS Warns Central Banks Not to Squander Interest Rate Buffers
TikTok Set For Day in Court to Fight Potential US Ban
Big Tech’s Real Data Centre Emissions 660% Higher – The Guardian

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