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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...

Meta CEO Mark Zuckerberg, COO Sheryl Sandberg called to court over Cambridge Analytica lawsuit

Meta CEO Mark Zuckerberg and COO Sheryl Sandberg are set to be deposed in a Cambridge Analytica lawsuit, the media reported. According to a court document, Zuckerberg will have to answer questions for up to six hours, while Sandberg could face up to five hours of deposition, reports The Verge.

Sandberg is stepping down from her key role after 14 years as the company’s second-highest ranking executive and the person who will replace her as Meta COO will also need to be present at the hearing.

“The lawsuit, which could wind up as a class action case if a judge agrees to it, alleges that Facebook illegally shared user data with third parties and didn’t adequately protect that data from being abused by bad actors,” the report said late on Friday.

The depositions are set to happen sometime before September 20.

The deposition comes as part of a lawsuit filed in a California court on behalf of Facebook users impacted by Meta’s partnership with Cambridge Analytica.

Facebook gained access to the private data of 67 million Facebook users, which was used to profile voters.

In another case, amid claims that Sandberg misused company resources, Meta lawyers are investigating the outgoing COO.

The investigation goes back “several years” and is scrutinising Meta employees’ work on Sandberg’s personal projects, reports The Wall Street Journal (WSJ).

When Sandberg first announced her departure from the company, WSJ reported the company was examining whether she had improperly used company resources in planning her upcoming wedding.

Meta lawyers are reportedly looking at Facebook staff’s involvement with Sandberg’s foundation Lean In, and their work to help her promote her most recent book, “Option B”.

The post Meta CEO Mark Zuckerberg, COO Sheryl Sandberg called to court over Cambridge Analytica lawsuit appeared first on BGR India.



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