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Latest: Fintech News

China Lockdown Risk Weighs As Sony Looks to Sell 18m Consoles
China Lockdown Risk Weighs As Sony Looks to Sell 18m Consoles

Strong game sales helped Sony more than double fourth-quarter operating profit as it encourages online game downloads and sign-ups for subscription services

India’s New VPN Rules ‘Worse Than Russia, China’ – MediaNama
India’s New VPN Rules ‘Worse Than Russia, China’ – MediaNama

The new rules were brought in by India's Computer Emergency Response Team as part of a wide-ranging tech crackdown on firms operating in the country

Apple Workers Revolt at Back to Office Order – Computer World
Apple Workers Revolt at Back to Office Order – Computer World

A group of Apple employees has pushed back against a call by the $2.46-trillion company for them to return to the office three days a week, according to a report

JD.com, Alibaba and China Tech Stocks Sink Further
France’s Renault Sells Stake in Korean Arm to China’s Geely
Tesla Faces Shortage of EV Parts, Halts Production in Shanghai
Japan’s TDK Looks to Build $383m EV Parts Facility – Nikkei
Crypto Thieves Lurk on Social Media to Steal NFTs – ST
Apple’s Chinese Engineers Keep Production Humming – WSJ
Crypto Fear and Greed Index Now in ‘Extreme Fear’ Territory

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