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Latest: Fintech News

Lockbit Cybercrime Gang Claims It’s Up And Running Again
Lockbit Cybercrime Gang Claims It’s Up And Running Again

The notorious ransomware group was the target of an international law enforcement bust last week but now says it is back online

Congress Wants Musk to Explain Satellite Block in Taiwan – Forbes
Congress Wants Musk to Explain Satellite Block in Taiwan – Forbes

US lawmakers want Musk to appear on Capitol Hill next week to explain the lack of satellite internet access for the US military in and around Taiwan

China Plan to Train 45,000 Firms in Hacker Protection Measures
China Plan to Train 45,000 Firms in Hacker Protection Measures

Two-year plan will focus on protective measures and include drills simulating ransomware attacks, for 45,000+ companies in China's industrial sector and top firms in each province

China Upset at US Sanctions on Firms For Russia Dealings
China Can Narrow AI Gap on US by 2026, Cyber Chief Claims: GT
Japan to Pump $4.9bn Into Second TSMC Chip Factory Plan
Nvidia Worth $2 Trillion as AI Fever Grips US, Asia Markets
India’s Push For Tariffs on Data Transfers Alarms Chip Giants
China Facing a WikiLeaks-Style Crisis From Hacking Firm’s Data
Nvidia Calls Huawei Top Rival Amid New AI Chips Push in China

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