Full upgrade to react native v0.68.3 for Android

android/gradle.properties

@@ -9,8 +9,8 @@
 
 # Specifies the JVM arguments used for the daemon process.
 # The setting is particularly useful for tweaking memory settings.
-# Default value: -Xmx1024m -XX:MaxPermSize=256m
-# org.gradle.jvmargs=-Xmx2048m -XX:MaxPermSize=512m -XX:+HeapDumpOnOutOfMemoryError -Dfile.encoding=UTF-8
+# Default value: -Xmx512m -XX:MaxMetaspaceSize=256m
+org.gradle.jvmargs=-Xmx2048m -XX:MaxMetaspaceSize=512m
 
 # When configured, Gradle will run in incubating parallel mode.
 # This option should only be used with decoupled projects. More details, visit
@@ -25,7 +25,16 @@ android.useAndroidX=true
 android.enableJetifier=true
 
 # Version of flipper SDK to use with React Native
-FLIPPER_VERSION=0.99.0
+FLIPPER_VERSION=0.125.0
 
-# https://github.com/facebook/react-native/issues/30729
-org.gradle.jvmargs=-Xmx4g
+# Use this property to specify which architecture you want to build.
+# You can also override it from the CLI using
+# ./gradlew <task> -PreactNativeArchitectures=x86_64
+reactNativeArchitectures=armeabi-v7a,arm64-v8a,x86,x86_64
+
+# Use this property to enable support to the new architecture.
+# This will allow you to use TurboModules and the Fabric render in
+# your application. You should enable this flag either if you want
+# to write custom TurboModules/Fabric components OR use libraries that
+# are providing them.
+newArchEnabled=false