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09/07/2026
European Central Bank: Given the ongoing uncertainty, it is important not to provide guidance on future interest rate paths.
Latest
1 m ago
German metalworkers' union representative Groeger of IG Metall said: Volkswagen's management's actions could potentially lead to large-scale conflicts with workers.
2 m ago
On July 9, China Taiping Insurance Holdings Company Limited (06090.HK) spent approximately HK$689,700 to repurchase 23,000 shares.
2 m ago
An internal memo shows that Meta Platforms plans to begin production of an AI chip in September as part of its plan to increase total computing power to 14 gigawatts next year. The data center chip, codenamed "Iris," is part of Meta's AI Training and Inference Accelerator (MTIA) fourth-generation in-house project. The company plans to use custom chips to enhance its AI capabilities that power the Facebook and Instagram social media platforms. The memo shows that the chip's testing took only six weeks and no major issues were found. This relatively fast progress signals a positive sign for this internal project that has been progressing slowly since its launch five years ago. Meta is customizing the chip according to its own needs and collaborating with Broadcom for design, and working with TSMC for manufacturing. This solution is expected to help the company reduce its significant computing costs and lessen its dependency on chip suppliers like Nvidia and AMD. There have been no reports on the completion of vulnerability testing and production time for this chip. Meta declined to comment.
3 m ago
The Bahraini minister stated that Bahrain has not yet implemented a currency swap arrangement with the United Arab Emirates.
3 m ago
The minister stated that negotiations have been held regarding the resumption of the Bahrain Grand Prix.
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