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Latest: Fintech News

Trump Says He Has ‘A Warm Spot’ For TikTok, Meets CEO – CNBC
Trump Says He Has ‘A Warm Spot’ For TikTok, Meets CEO – CNBC

The short video app is believed to have played an important role in Trump’s victory, boosting his performance among young voters

OpenAI Whistleblower’s Death Ruled a Suicide – The Wrap
OpenAI Whistleblower’s Death Ruled a Suicide – The Wrap

Suchir Balaji, a 26-year-old former researcher who worked on ChatGPT, had spoke out against OpenAI’s practices for training the chatbot

Legal Experts Uncertain Whether the US Can Extradite Adani
Legal Experts Uncertain Whether the US Can Extradite Adani

US case against Indian billionaire looks to be backed by documents that would help prosecutors, but they may struggle to get witnesses from India and help from Delhi, legal experts say

China ‘Keen For Talks on Trade Deal to Reduce Tariffs Threat’
Samsung Claims Indian Officials Acted Unlawfully in Probe
Kraken Crypto Exchange Operator Hit With $5m Fine in Australia
Taiwanese Officials in US For Talks With Trump’s Team: Sources
US Hits China Firm for Cyberattack, ‘Burma’ Firms for Bombings
China Central Bank ‘to Allow a Weaker Yuan’ as Trade Risk Rises
Nvidia ‘Facing $1bn Fine’ as China Opens Anti-Monopoly Probe

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