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Latest: Fintech News

China’s Weibo to Fight ‘Bad Behaviour’ by Adding User Location
China’s Weibo to Fight ‘Bad Behaviour’ by Adding User Location

The move by China's version of Twitter is aimed at countering malicious disinformation and other posts that are seen as "bad behaviour"

Huawei Revenues Drop 13.9% as Handset Share Declines
Huawei Revenues Drop 13.9% as Handset Share Declines

Huawei held just 6.2% of the China handset market in the first quarter, research firm Counterpoint Research said on Thursday.

Geely-Owned Volvo Seeks Parts Outside China – FT
Geely-Owned Volvo Seeks Parts Outside China – FT

Lining up two providers of automotive parts allows carmakers to reduce their exposure to shocks but adds to costs, chief executive Jim Rowan said

US Probes Chipmaker for Huawei Sanctions Violations – FT
Honor Sales Accelerate Despite China Smartphone Market Slump
Apple Grapples for Sales as China Phone Market Shrinks
Samsung Banks on Chip Demand as Profits Rise 51%
Elon Musk’s SpaceX Sets Up an Office in Ukraine – WSJ
PayPal, Apple Pay Accused of Patent Breaches by US Fintech
Samsung to Take Green Power Pledge in Shift to Renewable Energy

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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