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What’s New Today: Microsoft Hiring Senior Development Manager
Fast-Track Insights: Germany Seizes 13 Unlicensed Crypto ATMs, US$28 Million Cash
OpenAI has announced a collaboration with Condé Nast, the company behind renowned publications like The New Yorker, Vogue, and Wired. This partnership aims to feature content from Condé Nast's publications on OpenAI's chatbot, ChatGPT, as well as its search tool, SearchGPT.
The specifics of the agreement were not made public. However, in a letter to employees, Condé Nast CEO Roger Lynch suggested that the agreement would be a multi-year commitment, likely involving some form of compensation from OpenAI. A spokesperson for Condé Nast confirmed that OpenAI will be granted access to use Condé Nast content for training purposes.
Condé Nast is the most recent media company to form a deal with OpenAI regarding the use and presentation of its content within OpenAI's offerings. Other media partners of OpenAI include the Associated Press, Axel Springer, The Atlantic, Financial Times, News Corp, and Time.
Microsoft is seeking a seasoned Senior Development Manager to join their Noida, Uttar Pradesh, India team. This position will entail overseeing projects and participating in daily operations to ensure the successful execution of a major investment in India.
The ideal candidate will collaborate with GWS partners and primary vendors to complete intricate building projects on time, within the allocated budgets, and surpass the expectations of clients.
The applicant will manage the team's efforts in executing large-scale, multi-year projects for campuses and/or regional solutions, while also engaging with local executives. Working closely with our construction service providers the candidate will be responsible for developing clear project work plans, timetables, and cost estimates for all the projects.
This way the applicant has to tread the fine line between freedom and responsibility. The applicant needs to fully appreciate the compliance requirements as well as the requirements of the projects.
The candidate will concentrate on their expertise in essential financial operations, such as major approval stages and key project milestones. This involves working with internal Procurement staff to ensure procurement compliance and selecting the appropriate partners with suitable budgets.
The Federal Financial Supervisory Authority (BaFin) in Germany took possession of 13 unregistered cryptocurrency dispensers from across 35 various spots.
Reuters details that this initiative was coordinated with the assistance of the federal police and the Bundesbank, leading to the confiscation of US$28 million in currency.
According to the report, BaFin has said that these dispensers were functional contrary to the provisions of section 32 of the Banking Act without the required permits. The authority also noted that these unlicensed avails are dangerous from having connections to unlawful purposes like money laundering or supporting terrorism. Moreover, these dispensers violated the law that requires validation of the customers; this is crucial in preventing financial crimes.
This move is taking place during a noticeable decrease in the number of Bitcoin dispensers globally. By July, there was a reduction of 440 Bitcoin dispensers, with an additional 173 disappearing by the beginning of August.
A portion of this decrease can be attributed to legal proceedings in the United States against firms like Bitcoin of America, which encountered problems for not having the required licenses.
