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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...
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TikTok surpasses one billion monthly active users globally, US, Europe key markets

TikTok, the popular video-sharing platform has managed to surpass one billion monthly active users worldwide. The ByteDance owned social platform said it had about 55 million global users by January 2018. The social app witnessed a jump of more than 271 million in December 2018 and 507 million by December 2019.

“On behalf of the TikTok team, I want to say thank you,” TikTok COO Vanessa Pappas said. “Wherever you are in the world, we definitely couldn’t do this without you.”

Social media giant Facebook in comparison in the second quarter had 3.51 billion monthly users across its family of apps, up from 3.45 billion in the first quarter.

Meanwhile, Youtube has over two billion monthly active users, having crossed the one billion mark in 2013, eight years after the company launched in 2005.

TikTok said that its biggest markets are in the US, Europe, Brazil, and Southeast Asia, even though its parent company ByteDance is headquartered in China.

In the latest development, TikTok is adding new warnings to its in-app search that will alert users when results may include “distressing content”. The app has employed “sensitive content” warnings on individual videos since last year, but the updated alerts will appear in search results for terms that could include such content.

In a blog post, TikTok uses the example of “scary makeup” as a search term that may prompt such a warning.

Last year, the Indian government said it was banning 59 apps developed by Chinese firms, including ByteDance’s TikTok over concerns that these apps were engaging in activities that threatened national security.

(With IANS inputs)

The post TikTok surpasses one billion monthly active users globally, US, Europe key markets appeared first on BGR India.



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