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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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Twitter CEO Parag Agrawal fires two top officials; announces hiring freeze

Seems like Twitter CEO Parag Agrawal is looking at sacking some of the top leadership before the Elon Musk deal gets through. The process has already begun with the company’s consumer product leader Kayvon Beykpour, who announced on Twitter that he was asked to leave Twitter by its current CEO Parag Agrawal while he is on his paternity leave. As per his tweet, he was asked to leave as Agrawal “wants to take the team in a different direction”.

Parag Agrawal fires Twitter’s top executives

Other than Kayvon Beykpour, general manager of revenue and head of product for Twitter’s business side, Bruce Falck, also announced that he was fired too by Parag Agrawal in a tweet (now deleted). Instead of explaining his actions, not that he is required to do that in public, Parag Agrawal, responded to both these ex-employees’ tweets by expressing his admiration for their work at Twitter.

Replacing Beykpour and Falck, is Jay Sullivan, who will take over as both the head of product and interim head of revenue. He had earlier told The Verge that Twitter plans to add 100 million daily users.

The entire news has been confirmed by a Twitter spokesperson Adrian Zamora. As per his statement to The Verge, “We can confirm that Kayvon Beykpour and Bruce Falck are leaving Twitter. Jay Sullivan is the new GM of Bluebird and interim GM of Goldbird. Effective this week, we are pausing most hiring and backfills, except for business critical roles. We are pulling back on non-labor costs to ensure we are being responsible and efficient.”

The post Twitter CEO Parag Agrawal fires two top officials; announces hiring freeze appeared first on BGR India.



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