Technology

'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML
'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML

The Dutch government on Thursday unveiled a plan worth 2.5 billion euros to retain global firms like chip giant ASML amid fears of a far-right clampdown on immigration. "If investment plans change, these forecasts and the required commitment will be adjusted," warned the Dutch government.

China's competitive car market at heart of global EV revolution
China's competitive car market at heart of global EV revolution

China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on Thursday. And Xiaomi, the world's third-biggest smartphone maker, entered the fray on Thursday.

Crypto fraudster Bankman-Fried faces sentencing
Crypto fraudster Bankman-Fried faces sentencing

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history. "It is about what was the fraud when he was convicted."