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Latest: Fintech News

Google Fires ‘AI is Sentient’ Engineer – Big Technology
Google Fires ‘AI is Sentient’ Engineer – Big Technology

Google, which placed software engineer Blake Lemoine on leave last month after he made the outlandish claims, said he had violated company policies

Semiconductor Sector Outgrows Boom and Bust Cycles: Pimco
Semiconductor Sector Outgrows Boom and Bust Cycles: Pimco

Historically, chip demand – such as for computers in the 1980s, cellphones in the 2000s and smartphones in the 2010s – would lead manufacturers to aggressively expand capacity.

Three Arrows Excluded as Crypto White Knight Rescues Voyager
Three Arrows Excluded as Crypto White Knight Rescues Voyager

Under the plan, Alameda Ventures, the trading firm also founded by Sam Bankman-Fried, would purchase all of Voyager's digital assets and digital asset loans,

China Tech Firms Fear Didi $1.2bn Fine Sign of More to Come
China’s SMIC Beats Sanctions to Make 7nm Chips – TechInsights
Samsung Looks to Texas Tax Breaks as it Plots Chip Expansion
US Crypto Insider Trading Suspect ‘Tried to Flee to India’
Asia-Focused Crypto Platform Zipmex Resumes Withdrawals
China Videogame Sector Reports First-Ever Drop in Revenue
China’s Social Security Fund to Spur Industrial Innovation

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