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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...

Uber to soon shut down its free loyalty program: Report

Ride-hailing platform Uber is closing down its loyalty programme, Uber Rewards, with users being urged to sign up for the Uber One subscription to get regular Uber and Uber Eats discounts.

Launched in 2018, Uber Rewards is a free programme that lets you rack points for every dollar you spend when hitching a ride or ordering food through Uber and Uber Eats, reports The Verge.

You can then use these points to earn discounts on future rides or deliveries. The more points you earn, the better perks you get — earning 7,500 points.

However, Uber is not offering a replacement for the programme, and there is no another way to consistently earn perks and discounts unless you pay for an Uber One subscription, which Uber launched as a replacement for Eats Pass last year.

A $9.99/month (or $49.99/year) subscription comes with perks like free food deliveries, up to 10 per cent off of “eligible” Uber Eats orders, and 5 per cent off on rides from top-rated drivers.

–IANS

The post Uber to soon shut down its free loyalty program: Report appeared first on BGR India.



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