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Latest: Fintech News

TikTok Staff Spied on UK Journo Through Her Cat’s Account – BBC
TikTok Staff Spied on UK Journo Through Her Cat’s Account – BBC

Short video app TikTok, already under scrutiny across the world, informed the journalist last year that four of its employees had spied on her data to track down leaks

Warren Buffett Says He Prefers Investing in Japan to Taiwan
Warren Buffett Says He Prefers Investing in Japan to Taiwan

The billionaire, who recently slashed his multi billion-dollar stake in Taiwanese chipmaker TSMC, said he was 'pleasantly surprised' at the progress of recent Japanese investments

China Plans Rules to Regulate Data Flows From Smart Cars
China Plans Rules to Regulate Data Flows From Smart Cars

One of the proposed rules is aimed at pushing carmakers to use domestic cloud services by banning smart cars in the country from transferring data directly abroad

Foxconn Blames April Sales Slide on Smartphone Slump
Taiwan Invasion ‘Could Wipe Off up to $1 Trillion Per Year’
Apple Bets on India’s Middle Class in Hunt for Future Markets
China Orders Check on Auditors to Ensure Data Secrecy – FT
China Says Its First Gene-Edited Soybean is Safe
China’s Top Financial Data Provider, Wind, Cuts Foreign Access
China Cool on ‘Interfering’ NATO’s Plan for an Office in Japan

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