Rightmove shares in £1bn crash as AI plans spook investors November 7, 2025 Shares in Rightmove nosedived on Friday morning after the property titan revealed a major-shakeup centred on upping AI spending. The group said it would invest £60m over the next three years, with a focus on leaning into new tech. The FTSE 100 firm slashed its short-term profitability targets amid the new plans. Company boss Johan [...]
UK businesses accelerate layoffs amid AI surge and legislative uncertainty November 6, 2025 The number of proposed mass dismissal programmes in the UK has risen by five per cent in the last year, driven by the ongoing Employment Rights Bill and the increasing adoption of AI. The number of proposed mass dismissal programmes rose to 3,715 in 2024/25, up from 3,546 in the previous year, according to data [...]
Lawyers lead charge on AI oversight as government drags on regulations November 6, 2025 As AI systems are deployed worldwide, the question of who is responsible when they cause harm, failure, or unexpected consequences is quickly becoming a major headache for businesses. With a lack of regulation, the problem is passed to the courts, keeping litigation partners busy. There are multi-billions on the line for technology investment, especially in [...]
AI-assisted shopping starts to go mainstream November 5, 2025 The promised AI revolution in shopping is starting to materialise, with shoppers increasingly trusting agents for personal recommendations ahead of the festive season. Traffic to retail sites from AI tools is expected to surge fivefold year-over-year, with particular boosts on Cyber Monday and Black Friday, according to Adobe. “Traditional models of how consumers react with [...]
OpenAI’s new Amazon deal reveals the cost of AI dominance November 5, 2025 In the battle for AI dominance, computing power has become the new oil, and OpenAI’s $38bn (£29bn) partnership with Amazon is the latest sign of just how expensive that race has become. The ChatGPT maker’s seven-year agreement with Amazon Web Services (AWS) marks a turning point not just for OpenAI, but for the wider cloud [...]
UK telecom giants sign new pact to block scam calls as AI drives fraud November 5, 2025 Britain’s biggest mobile networks have agreed to overhaul their systems to stop scammers using fake numbers to impersonate banks and government departments. As ministers seek to stem the growing tide of AI-driven fraud, BT, EE, Vodafone, Three, Virgin Media O2, Sky, TalkTalk and Tesco Mobile have signed a new telecoms charter with the Home Office. [...]
Tech stocks plunge after Big Short investor bets against AI November 4, 2025 American tech stocks fell sharply on Tuesday after a hedge fund manager famed for predicting the Global Financial Crisis revealed he had taken out a billion-dollar bet against some of the world’s largest artificial intelligence companies. Michael Burry, the star stock picker whose decision to short the property market was depicted in the blockbuster ‘Big [...]
Court rejects Getty Images’ core claim in historic case against AI image generator November 4, 2025 The High Court dismissed Getty Images’ core intellectual property claims against an AI image generator, but also granted it limited historic success in a landmark UK lawsuit. US giant Getty Images sued UK-based AI image generator Stability AI, alleging it unlawfully copied and processed millions of copyrighted images to train its image generation technology. The [...]
Starmer urged to back journalism as AI erodes trust in UK media November 3, 2025 Britain’s media leaders have urged the Prime Minister to take decisive action to protect trusted journalism from a rising tide of misinformation, warning that the future of the country’s news ecosystem is at risk. In a letter to Keir Starmer, senior figures from the BBC, Sky, ITN, and the News Media Association (NMA), which represents [...]
Salesforce: UK profit surges as 300 jobs lost November 3, 2025 The UK division of Salesforce has made another huge round of job cuts as its profit jumped by 65 per cent during its latest financial year. The firm’s headcount fell from 2,964 to 2,673 in 2024, new accounts filed with Companies House have revealed. The reduction comes after Salesforce also cut more than 450 jobs [...]