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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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Dropbox to end support for its Shop platform on July 7

Cloud-based storage service Dropbox has announced that it will end support for ‘Dropbox Shop’, a platform that allows creators to sell digital content directly to their customers, on July 7.

“Support for Dropbox Shop, a feature that was available in beta, will end in 2023,” the company said.

“Starting May 15, 2023, Dropbox Shop will enter read-only mode. You’ll no longer be able to create or modify listings and storefronts. Additionally, buyers won’t be able to make purchases from you. By July 7, 2023, Dropbox Shop will be fully discontinued,” it added.

The company launched the service in open beta in 2022.

The service allowed users to add content directly from Dropbox, set a custom image, audio or video preview and then list their price.

It also allowed users to create their own e-commerce storefront, edit their profile and customise their Shop URL to display their products.

In 2022, Dropbox announced a security incident after threat actors acquired 130 code repositories from one of its GitHub accounts using employee credentials stolen in a phishing attack.

The attackers breached the account on October 14, when GitHub warned the company of suspicious behaviour that began one day before the notice was delivered.

— IANS

The post Dropbox to end support for its Shop platform on July 7 appeared first on Techlusive.



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