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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 head Elon Musk asks some laid off employees to return: Bloomberg reports

After Twitter laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the company is now reaching out to dozens of employees who lost their jobs and asking them to return, Bloomberg News reported on Sunday.

Elon Musk calls back some fired employees

Some of those who are being asked to return were laid off by mistake. Others were let go before management realized that their work and experience may be necessary to build the new features Musk envisions, the report said, citing people familiar with the moves.

Twitter recently laid off 50 percent of its employees, including employees on the trust and safety team, the company’s head of safety and integrity Yoel Roth said in a tweet earlier this week.

Tweets by the staff of the social media company said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams.

Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after blue check verification marks, in Musk’s first major revision of the social media platform.

Twitter did not immediately respond to Reuters‘ request for comment.

With the recent layoffs, Twitter’s former head Jack Dorsey expressed his regret over mass layoffs in the company. His tweet read, “Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment. I realize many are angry with me. I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologize for that.”

For the unversed, Dorsey had stepped down from the CEO position last year and around five months back he exited the Twitter board of directors as well.

–With inputs from Reuters

The post Twitter head Elon Musk asks some laid off employees to return: Bloomberg reports appeared first on BGR India.



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