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What’s New Today: Ebay Hiring for the Position of Senior Tax Analyst
Fast-Track Insights: Tetherball Utility Memecoin Launches $TBALL for Cryptocurrency-Powered E-Commerce
Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round.
OpenAI is in discussions to secure US$6.5 billion in funding, which would increase the company's worth to US$150 billion. Microsoft, the leading investor in the artificial intelligence startup, is expected to be involved.
Meanwhile, The Wall Street Journal reported that Apple had stepped back from plans to take part in the funding round.
OpenAI's strategy for raising funds is ushering in a new phase for the commercial use of artificial intelligence, potentially transforming entire sectors and sparking a competition for market supremacy.
Success in this funding round could establish OpenAI as one of the most valuable startups globally and lead to a major shift in the artificial intelligence industry.
This investment is SoftBank's debut in the firm led by Sam Altman, according to the Information report.
Reuters reported on Wednesday that OpenAI is in the process of planning a restructuring of its main operations into a for-profit entity that will no longer be overseen by its non-profit governing board.
Ebay is hiring applicants for the position of Senior Tax Analyst for their Bangalore office.
The ideal candidate will oversee the various tax-related matters of our worldwide operations, with a particular emphasis on the Asia-Pacific (APAC) region.
The applicant will be responsible for providing prompt and precise advice on indirect taxes to different business divisions. The candidate needs to offer guidance on matters related to business relationships and transactions between companies.
The candidate will handle the tax-related aspects of new regulations in the APAC area and the expansion of operations in new countries. The individual will assist in VAT audits and work closely with various departments, other tax departments, and external tax experts.
The applicant will communicate with the finance and shared services departments to address any issues that arise during the indirect tax compliance process. The individual needs to work with the finance and accounting teams on the planning and management of tax reserves.
The individual will be involved in the creation and enhancement of software solutions aimed at automating indirect tax processes. The applicant will oversee, evaluate, and improve the SAP systems that manage indirect taxes and their reporting.
The tech sector is one of the major sectors that has significantly led to the growth of the Indian economy. This sector includes IT services, business process outsourcing (BPO), engineering research and development, software companies, and e-commerce.
The major MNC companies in India including TCS, Infosys, Wipro, and Tech Mahindra contribute significantly to the country’s GDP. The Indian GDP saw a significant rise after initiatives like Digital India and India’s National Strategy for Artificial Intelligence (AI) in 2015 and 2018 respectively.
Tetherball Utility Meme Coin ($TBALL) has introduced the first-ever meme culture-inspired cryptocurrency-powered e-commerce that exclusively accepts $TBALL for purchases.
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