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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...

Android malware named FakeSpy reappears after three years

The Android malware, called FakeSpy, which was discovered about three years ago, has now returned with a new version that is more dangerous when it was thought to be totally obsolete. FakeSpy malware has been characterized of stealing text messages, financial data, application data, contact lists, and even bank login information.

Although, when it was originally discovered, it was only targeting users in South Korea and Japan. However, this new version is starting to infect mobiles worldwide. Some of the initially affected countries are China, France, Germany, the United Kingdom, and the United States.

Watch: Android 11 Beta: Here is everything new

How FakeSpy malware app works

The malware begins with an attack via an SMS message where it masquerades as a local post office. The SMS says that the post office tried to deliver a package but was unable to do so because no one was home at the time. From there, a link is provided where users need to click and download an app that appears to be of the official post office, but it is not.

Once the user downloads the application, it will send a false text along with a malicious link to the smartphone’s entire contact list to continue spreading. In addition, FakeSpy takes control of our device, reads our text messages, sends messages, access contact information. And even reads the external storage that we connect to the device. It can also search for banking applications that we have installed to find our access credentials.

To avoid being infected, never click on any link that is sent to you through an email or SMS message. Or even sent through a contact you know from applications like WhatsApp. For example, if you want to see the status of a package that you have lost or waiting to receive. You can always manually access the page of the courier service and enter the shipping information.



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