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Latest: Fintech News

YouTube to Give Creators More Cash in Bid to Match TikTok
YouTube to Give Creators More Cash in Bid to Match TikTok

US video platform will now give creators 45% of ad revenue on its short-form video feature known as Shorts. That's alongside the 55% of ad revenue it offers creators of long-form videos.

Shock Absorbers Help Taiwan Chip Plants Avoid Quake Damage
Shock Absorbers Help Taiwan Chip Plants Avoid Quake Damage

The island's highly valuable chip factories were spared thanks to quakes occurring in areas away from chip foundries, plus modern design safety features, according to TrendForce

Indonesia Passes Long-Debated Data Protection Bill
Indonesia Passes Long-Debated Data Protection Bill

The bill authorises the president to form an oversight body to fine data handlers for breaching rules on distributing or gathering personal data

Activists Worried as China Shares CCTV Tech Across Asia – ST
China Microchip Firms Shutting Down at Record Rate – SCMP
Biden Orders Alert on Deals in Areas of Key China Interest
Ethereum ‘Merge’ Upgrade Cuts Coin’s Energy Use by 99.9%
TikTok Won’t Vow to Stop Sharing US Data to China – CNN
China Planning Ten-Fold Increase in Some Cyber Law Fines
South Korea Fines Google, Meta $72m for Privacy Violations

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