Competition regulation

Crypto hiring snaps back as AI cools

Tech firms led crypto’s hiring rebound, adding over 12,000 roles since late 2022, according to A16z’s State of Crypto 2025. Finance and consulting contributed 6,000, offsetting talent pulled into AI after ChatGPT’s debut. Net, crypto gained 1,000 positions as workers rotated in from tech, fintech, and education.

The recovery tracks a market turn: crypto capitalisation topping US$4T and new Bitcoin highs. A friendlier US policy stance on stablecoins and digital-asset oversight buoyed sentiment. Institutions from JPMorgan to BlackRock and Fidelity widened offerings beyond pilots.

Hiring is diversifying beyond developers toward compliance, infrastructure, and product. Firms are moving from proofs of concept to production systems with clearer revenue paths. Result: broader role mix and steadier talent pipelines.

A16z contrasts AI centralisation with crypto’s open ethos. OpenAI/Anthropic dominate AI-native revenue; big clouds hold most of the infrastructure share; NVIDIA leads GPUs. Crypto advocates pitch blockchains as a counterweight via verifiable compute and open rails.

Utility signals mature, too. Stablecoins settled around US$9T in 12 months, up 87% year over year. That’s over half of Visa’s annual volume and five times that of PayPal’s.

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Cloudflare calls for UK action on Google’s AI crawlers

Cloudflare’s chief executive Matthew Prince has urged the UK regulator to curb Google’s AI practices. He met with the Competition and Markets Authority (CMA) in London to argue that Google’s bundled crawlers give it excessive power.

Prince said Google uses the same web crawler to gather data for both search and AI products. Blocking the crawler, he added, can also disrupt advertising systems, leaving websites financially exposed.

Cloudflare, which supplies network services to most major AI companies, has proposed separating Google’s AI and search crawlers. Prince believes the change would create fairer access to online content for smaller AI developers.

He also provided data to the UK CMA showing why rivals cannot easily replicate Google’s infrastructure. Media groups have echoed his concerns, warning that Google’s dominance risks deepening inequalities across the AI ecosystem.

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CMC pegs JLR hack at £1.9bn with 5,000 firms affected

JLR’s cyberattack is pegged at £1.9bn, the UK’s costliest on record. Production paused for five weeks from 1 September across Solihull, Halewood, and Wolverhampton. CMC says 5,000 firms were hit, with full recovery expected by January 2026.

JLR is restoring manufacturing in phases and declined to comment on the estimate. UK dealer systems were intermittently down, orders were cancelled or delayed, and suppliers faced uncertainty. More than half of the losses fall on JLR; the remainder hits its supply chain and local economies.

The CMC classed the incident as Category 3 on its five-level scale. Chair Ciaran Martin warned organisations to harden critical networks and plan for disruption. The CMC’s assessment draws on public data, surveys, and interviews rather than on disclosed forensic evidence.

Researchers say costs hinge on the attack type, which JLR has not confirmed. Data theft is faster to recover than ransomware; wiper malware would be worse. A claimed hacker group linked to earlier high-profile breaches is unverified.

The CMC’s estimate excludes any ransom, which could add tens of millions of dollars. Earlier this year, retail hacks at M&S, the Co-op, and Harrods were tagged Category 2. Those were pegged at £270m–£440m, below the £506m cited by some victims.

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OpenAI launches ChatGPT Atlas web browser

OpenAI has launched ChatGPT Atlas, a web browser built around ChatGPT to help users work and explore online more efficiently. The browser lets ChatGPT operate directly on webpages, using past conversations and browsing context to assist with tasks without copying and pasting.

Early testers say it streamlines research, study, and productivity by providing instant AI support alongside the content they are viewing.

Atlas introduces browser memories, letting ChatGPT recall context from visited sites to improve responses and automate tasks. Users stay in control, with the ability to view, archive, or delete memories. 

Agent mode allows ChatGPT to perform tasks such as researching, summarising, or planning events while browsing. Safety is a priority, with safeguards to prevent unauthorised actions and options to operate in logged-out mode.

The browser is available worldwide on macOS for Free, Plus, Pro, and Go users, with Windows, iOS, and Android support coming soon. OpenAI plans to add multi-profile support, better developer tools, and improved app discoverability, advancing an agent-driven web experience with seamless AI integration.

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Dutch watchdog warns AI chatbots threaten election integrity

The Dutch data authority warns AI chatbots are biased and unreliable for voting advice ahead of national elections. An AP investigation found chatbots often steered users to the same two parties, ignoring their actual preferences.

In over half of the tests, the bots suggested either Geert Wilders’ far-right Freedom Party (PVV) or the leftwing GroenLinks-PvdA led by Frans Timmermans. Other parties, such as the centre-right CDA, were rarely mentioned even when users’ answers closely matched their platforms.

AP deputy head Monique Verdier said that voters were being steered towards parties that did not necessarily reflect their political views, warning that this undermines the integrity of free and fair elections.

The report comes ahead of the 29 October election, where the PVV currently leads the polls. However, the race remains tight, with GroenLinks-PvdA and CDA still in contention and many voters undecided.

Although the AP noted that the bias was not intentional, it attributed the problem to the way AI chatbots function, highlighting the risks of relying on opaque systems for democratic decisions.

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ChatGPT to exit WhatsApp after Meta policy change

OpenAI says ChatGPT will leave WhatsApp on 15 January 2026 after Meta’s new rules banning general-purpose AI chatbots on the platform. ChatGPT will remain available on iOS, Android, and the web, the company said.

Users are urged to link their WhatsApp number to a ChatGPT account to preserve history, as WhatsApp doesn’t support chat exports. OpenAI will also let users unlink their phone numbers after linking.

Until now, users could message ChatGPT on WhatsApp to ask questions, search the web, generate images, or talk to the assistant. Similar third-party bots offered comparable features.

Meta quietly updated WhatsApp’s business API to prohibit AI providers from accessing or using it, directly or indirectly. The change effectively forces ChatGPT, Perplexity, Luzia, Poke, and others to shut down their WhatsApp bots.

The move highlights platform risk for AI assistants and shifts demand toward native apps and web. Businesses relying on WhatsApp AI automations will need alternatives that comply with Meta’s policies.

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Innovation versus risk shapes Australia’s AI debate

Australia’s business leaders were urged to adopt AI now to stay competitive, despite the absence of hard rules, at the AI Leadership Summit in Brisbane. The National AI Centre unveiled revised voluntary guidelines, and Assistant Minister Andrew Charlton said a national AI plan will arrive later this year.

The guidance sets six priorities, from stress-testing and human oversight to clearer accountability, aiming to give boards practical guardrails. Speakers from NVIDIA, OpenAI, and legal and academic circles welcomed direction but pressed for certainty to unlock stalled investment.

Charlton said the plan will focus on economic opportunity, equitable access, and risk mitigation, noting some harms are already banned, including ‘nudify’ apps. He argued Australia will be poorer if it hesitates, and regulators must be ready to address new threats directly.

The debate centred on proportional regulation: too many rules could stifle innovation, said Clayton Utz partner Simon Newcomb, yet delays and ambiguity can also chill projects. A ‘gap analysis’ announced by Treasurer Jim Chalmers will map which risks existing laws already cover.

CyberCX’s Alastair MacGibbon warned that criminals are using AI to deliver sharper phishing attacks and flagged the return of erotic features in some chatbots as an oversight test. His message echoed across panels: move fast with governance, or risk ceding both competitiveness and safety.

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AI-generated images used in jewellery scam

A jeweller in Hove is dealing with daily complaints from customers of a similarly named but fraudulent business. Stevie Holmes runs Scarlett Jewellery but keeps receiving complaints from customers who confused it with the AI-driven Scarlett Jewels website.

Many reported receiving poor-quality goods or nothing at all.

Holmes said the mix-ups have kept her occupied for at least an hour a day since July. Without clarification, people could post negative comments about her genuine business on social media, potentially damaging its reputation.

Scarlett Jewels is run by Denimtex Limited with an address in Hong Kong, though its website claims a personal story of a retiring designer.

Experts say such scams are increasingly common due to how easy and cheap it is to create AI images. Professor Ana Canhoto from the University of Sussex noted AI-generated product photos often appear too perfect or flawed, while fake reviews and claims of scarcity are typical tactics to mislead buyers.

Trustpilot ratings for Scarlett Jewels are mostly one star, with customers describing items as ‘tat’ or ‘poor quality’.

Authorities are taking action, with the Advertising Standards Authority banning similar ads and Facebook restricting Scarlett Jewels from creating new adverts. Buyers are advised to spot off AI images, large discounts, and genuine reviews to avoid falling for scams.

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Tailored pricing is here and personal data is the price signal

AI is quietly changing how prices are set online. Beyond demand-based shifts, companies increasingly tailor offers to individuals, using browsing history, purchase habits, device, and location to predict willingness to pay. Two shoppers may see different prices for the same product at the same moment.

Dynamic pricing raises or lowers prices for everyone as conditions change, such as school-holiday airfares or hotel rates during major events. Personalised pricing goes further by shaping offers for specific users, rewarding cart-abandoners with discounts while charging rarer shoppers a premium.

Platforms mine clicks, time on page, past purchases, and abandoned baskets to build profiles. Experiments show targeted discounts can lift sales while capping promo spend, proving engineered prices scale. The result: you may not see a ‘standard’ price, but one designed for you.

The risks are mounting. Income proxies such as postcode or device can entrench inequality, while hidden algorithms erode trust when buyers later find cheaper prices. Accountability is murky if tailored prices mislead, discriminate, or breach consumer protections without clear disclosure.

Regulators are moving. A competition watchdog in Australia has flagged transparency gaps, unfair trading risks, and the need for algorithmic disclosure. Businesses now face a twin test: deploy AI pricing with consent, explainability, and opt-outs, and prove it delivers value without crossing ethical lines.

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AWS glitch triggers widespread outages across major apps

A major internet outage hit some of the world’s biggest apps and sites from about 9 a.m. CET Monday, with issues traced to Amazon Web Services. Tracking sites reported widespread failures across the US and beyond, disrupting consumer and enterprise services.

AWS cited ‘significant error rates’ in DynamoDB requests in the US-EAST-1 region, impacting additional services in Northern Virginia. Engineers are mitigating while investigating root cause, and some customers couldn’t create or update Support Cases.

Outages clustered around Virginia’s dense data-centre corridor but rippled globally. Impacted brands included Amazon, Google, Snapchat, Roblox, Fortnite, Canva, Coinbase, Slack, Signal, Vodafone and the UK tax authority HMRC.

Coinbase told users ‘all funds are safe’ as platforms struggled to authenticate, fetch data and serve content tied to affected back-ends. Third-party monitors noted elevated failure rates across APIs and app logins.

The incident underscores heavy reliance on hyperscale infrastructure and the blast radius when core data services falter. Full restoration and a formal post-mortem are pending from AWS.

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