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Latest: Fintech News

Chinese Company Denies Alleged IP Infringement of ASML
Chinese Company Denies Alleged IP Infringement of ASML

China's Dongfang Jingyuan Electron, which makes software for chip manufacturing procedures, has denied reports about alleged IP theft from Dutch lithography giant ASML Holding

Cisco Made $20 Billion+ Takeover Offer For Splunk – WSJ
Cisco Made $20 Billion+ Takeover Offer For Splunk – WSJ

Network gear maker Cisco Systems has made a takeover offer worth more than $20 billion for software maker Splunk Inc, the Wall Street Journal has reported

Blockchain Firm Cion Digital Opens Office in India
Blockchain Firm Cion Digital Opens Office in India

The company said it would invest 500 million rupees ($6.6 million) in the centre and hire more than 100 engineers with expertise in blockchain

China Chip Maker’s Profit Soars as Revenue Hits a Record
Elon Musk’s Tesla Buffeted by Recalls, Lawsuits
Nissan Raises Net Profit Forecast Amid Chip Crunch
China – and Huawei – Top Global Patent Application Rankings
Meta in Transition, Says Ad Chief – The Information
Xpeng Announces Plans to Expand into Sweden, Netherlands
Tulips Worth More Than Crypto, RBI Chief Warns Indians

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