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Latest: Fintech News

Meta Deal with Brazilian Bank for Forestry Carbon Removal Credits
Meta Deal with Brazilian Bank for Forestry Carbon Removal Credits

Tech giant agreed to buy up to 3.9 million carbon offset credits from BTG Pactual's forestry arm through till 2038 in a deal likely valued about $16m

Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll
Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll

Survey confirms young adults worry about the addictive nature of social media. Meanwhile, the US and other are moving to make online platforms more safe and healthy for kids

Microsoft, BlackRock Launch $30 Billion AI Supply Chain Fund
Microsoft, BlackRock Launch $30 Billion AI Supply Chain Fund

The tie-up will mobilise up to $100 billion in total investment potential, including debt financing, the firms said

Stocks Cheer China Chipmaking ‘Breakthrough’ But Experts in Doubt
Hanoi Told Use of China Subsea Cable Firms May Hurt Investment
China Puts Property Freeze on US Firms Tied to Taiwan Weapons
Google Set to Label AI-Generated Images in Search – TC
Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000
Japan Nears China Chip Curbs Deal With ‘Bad Cop, Very Bad Cop’ US
Musk ‘Eroding Tesla EV Sales’, But do Bigger Things Lie Ahead?

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