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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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Uber clarifies that no private users’ data compromised in cyber breach

Ride-hailing platform Uber on Saturday said that no private information of its users was exposed in the data breach by an 18-year-old hacker. In its latest statement, the company said that its investigation and response efforts are ongoing.

“We have no evidence that the incident involved access to sensitive user data (like trip history),” said Uber.

An 18-year-old hacker had broken into the internal systems of Uber, reaching company tools including Amazon Web Services and Google Cloud Platform, and employees thought someone was playing a prank.

The hacker made himself known to Uber employees by posting a message on the company’s internal communication system Slack.

Uber said that all of our services including Uber, Uber Eats, Uber Freight and the Uber Driver app are operational.

The company reiterated that it has notified law enforcement agencies.

“Internal software tools that we took down as a precaution yesterday are coming back online this morning,” the ride-hailing platform added.

In October 2016, hackers hit Uber with a massive cybersecurity attack, exposing the confidential data of 57 million customers and drivers.

This time, the teenage hacker listed confidential company information and posted a hashtag saying that Uber “underpays its drivers” on internal communication platform Slack.

The hacker said he broke into the Uber systems because “they had weak security”.

The post Uber clarifies that no private users’ data compromised in cyber breach appeared first on BGR India.



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