General News

Investing.com – Gold futures have surged in recent months, but one factor could hinder further appreciation, at least in the short term: China's purchases, which had been "filling up the cart" recently. Last Friday, the Asian giant reported that it did not increase its reserves of the commodity last month, bringing uncertainties about whether this pause will continue in the coming months and whether it might affect the rally of the yellow metal.

An analyst from the... (continue reading...)

JERUSALEM (Reuters) - Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or deny.

The U.S. company, asked about the report, cited the need to adapt big projects to changing timelines, without directly referring to the project.

"Israel continues to be one of our key global manufacturing and R&D sites and we remain fully... (continue reading...)

(Reuters) - Apple will use its own server chips to help power artificial intelligence features on its devices, the company said at its annual developer conference on Monday.

(Reporting by Aditya Soni in Bengaluru; Editing by Sayantani Ghosh)

JERUSALEM (Reuters) - Intel Corp has decided to halt a $25 billion expansion of its factories in Israel, Israeli financial news website Calcalist reported on Monday.

There was no immediate comment from Intel in Israel.

(Reporting by Ari Rabinovitch)

(Reuters) -OpenAI said on Monday it had hired Sarah Friar, the former CEO of social media firm Nextdoor, as its first chief financial officer.

The artificial intelligence firm has also appointed Kevin Weil, who has previously worked at Twitter, Facebook and Instagram, as chief product officer.

Friar earlier served as CFO at Square and is also a member of Walmart's board. She has also previously worked at Goldman Sachs, McKinsey, and... (continue reading...)