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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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Joe Rogan controversy: Spotify reportedly loses $4 billion in market value

Recently, Spotify was being criticised for its top-rated podcast “The Joe Rogan Experience” that aired misinformation about COVID-19 vaccines. The podcast apparently suggested that healthy young people don’t need the COVID-19 vaccine. As a sign of protest against comedian Joe Rogan’s podcast, Neil Young, Joni Mitchell, and Nils Lofgren had their music removed from the platform. Reportedly, this has led Spotify to lose $4 billion in market value. Hashtags including #DeleteSpotify and #CancelSpotify also trended on social media.

To reduce the spread of misinformation on the platform, Spotify has announced to add “content advisory” to its podcasts that include discussion about COVID-19. This announcement is recently made by Chief Executive Officer Daniel Ek in a company blog. This news comes after the company recently faced backlash for giving voice to misinformation about COVID-19 vaccines. As per the blog, “This new effort to combat misinformation will roll out to countries around the world in the coming days. To our knowledge, this content advisory is the first of its kind by a major podcast platform.”

According to Spotify, this content advisory will direct the listeners to the COVID-19 Hub that will provide the right information to the listeners. For the unversed, Spotify’s COVID-19 Hub is “a resource that provides easy access to data-driven facts, up-to-date information as shared by scientists, physicians, academics and public health authorities around the world, as well as links to trusted sources.”

The company has also announced the new “Spotify Platform Rules“, which will work as a guidebook for all creators on the platform including the ones whose work is shared across multiple platforms. Spotify explains that these rules are being localised into different languages to help creators understand how Spotify assesses content.

According to the company blog, “We will also begin testing ways to highlight our Platform Rules in our creator and publisher tools to raise awareness around what’s acceptable and help creators understand their accountability for the content they post on our platform.”

The post Joe Rogan controversy: Spotify reportedly loses $4 billion in market value appeared first on BGR India.



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