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Latest: Fintech News

Steam App Helps China Users Evade Censors – MIT Tech Review
Steam App Helps China Users Evade Censors – MIT Tech Review

Steam lets Chinese users, who account for at least 40% of Wallpaper Engine’s global user base, bypass censors to download pornography

Indian Food Apps Zomato, Swiggy Face Restaurant Revolt
Indian Food Apps Zomato, Swiggy Face Restaurant Revolt

Jubilant FoodWorks, India's largest food services company, told the national competition regulator of its concerns affecting its 1,600 branded restaurant outlets

Korea’s Naver Office Combines Robots, Humans – Nikkei
Korea’s Naver Office Combines Robots, Humans – Nikkei

The 1784 office in the tech hub of Pangyo, near Seoul, has about 100 robots that perform menial tasks such as deliveries of food, beverages, parcels and documents

Google Fires ‘AI is Sentient’ Engineer – Big Technology
Semiconductor Sector Outgrows Boom and Bust Cycles: Pimco
Three Arrows Excluded as Crypto White Knight Rescues Voyager
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’

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