Connect with us

Published

on

Signage outside a Chase bank branch in San Francisco, California, on Monday, July 12, 2021.

David Paul Morris | Bloomberg | Getty Images

Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets.

The company said in a statement Tuesday that, starting Oct. 16, Chase UK customers would “no longer be able to make crypto transactions via debit card or by outgoing bank transfer.”

“Customers will receive a declined transaction notification if they do attempt to make a crypto-related transaction,” the bank said in an email to clients.

“This has been done to protect our customers and keep their money safe.”

The company said it was taking the step because “fraudsters are increasingly using crypto assets to steal large sums of money from people.”

Chase UK cited data from Action Fraud, Britain’s fraud reporting agency, that showed U.K consumer losses to crypto fraud increased by over 40% in the last year, surpassing £300 million for the first time.

Crypto scams accounted for more than 40% of all reported crimes in England and Wales last year, according to the Office for National Statistics, Chase UK said in the customer email.

Chase UK is the latest bank in the country to take steps to limit the ability of their customers to purchase cryptocurrencies.

NatWest imposed limits on its customers which meant they could only send a maximum of £1,000 per day and £5,000 over a 30-day period to crypto exchanges, in an effort to tackle the rise in fraud attempts involving crypto.

HSBC and Nationwide have announced similar restrictions on crypto-linked purchases.

“We’re committed to helping keep our customers’ money safe and secure,” a Chase spokesperson told CNBC via email Tuesday.

“We’ve seen an increase in the number of crypto scams targeting U.K. consumers, so we have taken the decision to prevent the purchase of crypto assets on a Chase debit card or by transferring money to a crypto site from a Chase account.” 

WATCH: Crypto enthusiasts want to reshape the internet with ‘Web3.’ Here’s what that means

Crypto enthusiasts want to remake the internet with 'Web3.' Here's what that means

Continue Reading

Technology

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

Published

on

By

Tesla is hiring robotaxi test drivers in New York City, but company hasn't applied for permits

A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025.

Joel Angel Juarez | Reuters

Tesla is recruiting test drivers in New York to operate cars with “automated driving systems,” but the company hasn’t applied for the permits it would need to test autonomous vehicles in the nation’s largest city.

A job opening on Tesla’s website says the company is looking to hire vehicle operators in the borough of Queens. The hires will be “responsible for driving an engineering vehicle for extended periods, conducting dynamic audio and camera data collection for testing and training purposes.”

A spokesperson for the New York City Department of Transportation told CNBC on Monday that Tesla has not applied for approvals to test AVs on city streets in New York. InsideEVs, an electric vehicles news site, previously reported that Tesla was hiring test drivers for its robotaxis in Brooklyn.

Any company that obtains a permit to test AVs in New York has to keep “a trained safety driver behind the wheel, ready to take control of an AV-enabled vehicle at all times,” according to the DOT spokesperson.

Tesla didn’t respond to a request for comment.

Alphabet’s Waymo, the robotaxi leader in North America, has applied to test its AVs in New York, but its application remains under review, the DOT said Monday.

Tesla CEO Elon Musk has been trying to sell investors on a future for his company that’s built around AI and robotics, rather than sales of its existing vehicles. But Tesla still earns almost all of its revenue from sales of EVs and battery energy storage systems.

Tesla’s EV sales have been on the decline this year, especially in Europe, partly due to Musk’s decision to focus on the Cybertruck, rather than producing a more affordable EV with mainstream appeal. Some of the company’s struggles are the result of a political backlash against Tesla because of Musk’s incendiary political rhetoric, work with President Donald Trump, and endorsements of Germany’s anti-immigrant AfD party.

Along with its recruiting efforts in Queens, Tesla is also seeking to hire test drivers for its Autopilot team to gather data from drives in cities and suburbs of Dallas, Houston, Tampa, Orlando and Miami, as well as Palo Alto, California, home to Tesla’s engineering headquarters.

We went to Texas for Tesla's robotaxi launch. Here's what we saw

The current listings on Tesla’s website say Autopilot vehicle operators may need to travel to international and domestic destinations and must be familiar with “automated driving systems,” suggesting planned or ongoing testing of Tesla’s robotaxi and FSD or Full Self Driving system, currently marketed as FSD Unsupervised in the U.S.

Tesla notched a win in Texas last week, obtaining a permit to run a ride-hailing service in the state. The Tesla Robotaxi LLC permit and state regulations do not require Tesla to keep a human safety driver on board.

However, Tesla has been operating a fleet of robotaxis in Austin since late June, with employees riding in the front passenger seat, tasked with manually intervening during a trip if necessary. The service has only been accessible to invited users. Musk said in a post on X over the weekend that he intends for the Austin service to open to the general public next month.

In San Francisco, Tesla is also operating a limited, manned car service but promoting it as “autonomous ride-hailing.”

Musk posted last week that the company is “working as quickly as possible to get 100+ Teslas operating for autonomous ride-hailing (can’t use the word “taxi” or “cab” in California) in the Bay Area and allow anyone to request a ride.”

The company is not authorized to carry passengers on public roads in autonomous vehicles in California, the California Public Utilities Commission told CNBC in a recent email.

Tesla’s approach to AVs has drawn federal probes, product liability lawsuits and recalls following injurious or damaging collisions that occurred while drivers were using the company’s Autopilot or FSD systems.

The California DMV previously sued Tesla, accusing it of false advertising around its driver assistance systems.

While Tesla owners manuals say the Autopilot and FSD features in their cars are “hands on” systems that require a driver ready to steer or brake at any time, Tesla and Musk have shared statements through the years saying that a Tesla can “drive itself.”

WATCH: Tesla launches robotaxis in Austin

Tesla launches robotaxis in Austin as robotaxi race heats up

Continue Reading

Technology

LinkedIn launches Mini Sudoku, pushing deeper into casual games that keep users coming back

Published

on

By

LinkedIn launches Mini Sudoku, pushing deeper into casual games that keep users coming back

Nikoli’s president, Yoshinao Anpuku, poses for a photo at Nikoli headquarters in Tokyo on March 19, 2025. LinkedIn worked with Nikoli and Sudoku champion Thomas Snyder to launch its Mini Sudoku game.

Nikoli

LinkedIn on Tuesday released a new game for the professional social networking app’s 1.2 billion users. It’s a miniature version of Sudoku, an old game with a rich history.

The new Mini Sudoku is LinkedIn’s sixth game. It’s scaled down from the traditional 9-by-9 grid and meant to be completed in two or three minutes.

“We don’t want to have a puzzle on LinkedIn that takes 20 minutes to solve, right?” said Lakshman Somasundaram, a senior director of product at the Microsoft subsidiary, in an interview with CNBC. “We’re not games for games’ sake.”

The introduction has the potential to strike a nostalgic chord and spark competition with colleagues, friends and family members for how fast the puzzle can be solved.

As with other puzzles in the app, Mini Sudoku gets harder as the days progress through the week.

LinkedIn added games last year to increase the fun and give users something new to talk about with one another.

Millions of people play LinkedIn’s games every day, a spokesperson said. The most popular time is 7 a.m. ET, and Gen Z is the top demographic. Of those who play today, 86% will return tomorrow, and 82% will be playing next week, the spokesperson said.

Launched in 2003 and acquired by Microsoft for $27 billion in 2016, LinkedIn remains in growth mode. Revenue increased about 9% to $4.6 billion in the latest quarter and membership reached 1.2 billion. Meta‘s social networks are more popular, with a combined 3.5 billion daily users and 22% revenue growth.

Unlike Meta, LinkedIn gives recruiters tools for finding candidates, and job seekers can apply for openings listed on the site. LinkedIn also now promotes a personalized feed of videos, similar to Google’s YouTube, TikTok and Meta’s own Facebook and Instagram.

Read more CNBC tech news

Making the game

LinkedIn’s development of the game resulted from an encounter with Japanese publisher Nikoli, which popularized Sudoku.

Somasundaram and a band of LinkedIn associate product managers visited Nikoli’s Tokyo headquarters late last year and spoke through a translator about puzzles with the publisher’s employees. That led to weeks of meetings involving LinkedIn, Nikoli and Thomas Snyder, a three-time World Sudoku Championship winner who has helped LinkedIn with its gaming strategy.

The group hoped to make Sudoku more accessible, building several prototypes before landing on the board with six rows and six columns of squares.

“It’s very easy to just make a Sudoku grid,” Snyder said. “It’s very hard to make art in the form of Sudoku. And that’s what both Nikoli and we do.”

Snyder is founder and CEO of Grandmaster Puzzles, a publisher of Sudoku books. With a Ph.D. in chemistry, he goes by the nickname Dr. Sudoku and has contributed to the hint feature in LinkedIn’s Mini Sudoku and constructed some of the puzzles. With each day’s puzzle, there will be a video showing how Snyder solves it.

“I think it’s got the potential to be the largest of the games, just because it’s going to have a lot of brand awareness from moment one,” he said.

Sudoku’s history

AI will have an impact on the future of work, LinkedIn says

Continue Reading

Technology

Why a new UK internet safety law is causing an outcry on both sides of the Atlantic

Published

on

By

Why a new UK internet safety law is causing an outcry on both sides of the Atlantic

As of July 25, porn sites are required to implement effective age verification methods for U.K. users.

Jack Taylor | Getty Images

It was well intentioned but a U.K. law mandating age verification on adult sites and a number of other platforms has sparked a backlash from both internet users in the country, and U.S. politicians and tech giants.

Last month, new provisions in the Online Safety Act requiring large online platforms to implement age checks to prevent children from accessing pornographic and appropriate material came into force.

The measures have led PornHub, RedTube and other porn sites to force U.K. visitors to sign up and verify their age to gain access to their services.

What is the Online Safety Act?

Broadly, the Online Safety Act is a law that imposes a duty of care on social media firms and other user-generated content sites to ensure they take responsibility for harmful content uploaded and spread on their platforms.

In particular, the legislation aims to prevent children from being exposed to pornographic content and material that promotes suicide, self-harm, eating disorders or abusive and hateful behaviour.

The regulation has been years in the making and faced numerous delays in its development — not least due to concerns that it may infringe internet users’ right to privacy and result in censorship.

Why has it led to backlash?

The latest measures have been imposed with the aim of ensuring children aren’t able to view harmful and inappropriate content.

However, they have led to complaints from internet users due to the requirement of having to share personal information such as their ID, credit card details and selfies — in some cases for platforms that don’t even qualify as porn sites.

Spotify, Reddit, X and a number of other platforms have introduced their own respective age verification systems to stop users under the age of 18 from consuming explicit content.

These moves have subsequently led to providers of virtual private networks (VPNs) to report that their services, which allow users to mask their location, are surging in the U.K.

Meanwhile, on Monday, Wikipedia was dealt a legal blow in the U.K. as a High Court judge ruled the platform should be treated as a “category one” service, which would subject to certain user verification requirements.

The Online Safety Act requires category one platforms to offer users the ability to verify their identity and access tools that reduce their exposure to content from non-verified users.

Wikimedia, the parent company of Wikipedia, has said previously that it could limit visitor numbers from the U.K. in order to exempt it from category one status.

U.S. politicians weigh in

A number of U.S. politicians have blasted the new rules in recent days. Last week, Vice President JD Vance — who has previously criticized the U.K.’s internet safety rules — again raised concerns with the law, fearing it could unfairly restrict American tech companies.

“I just don’t want other countries to follow us down what I think was a very dark path under the Biden administration,” Vance told reporters during a trip to the country last week.

House Judiciary Chairman Jim Jordan, R-Ohio, who also visited the U.K. recently, said in a statement after his return that sweeping online safety laws in Europe are having “a serious chilling effect on free expression and threaten the First Amendment rights of American citizens and companies.”

There has been speculation over whether the U.S. may press Britain to relax the regulations during trade talks — however, U.K. officials say the issue is not open to debate.

Could other countries follow suit?

Other countries are already adopting their own respective internet age verification laws.

Australia and Ireland have both passed similar age verification measures, while Denmark, Greece, Spain, France and Italy have started testing a common age verification app to protect users online.

In the U.S., Louisiana passed a law in 2022 requiring age verification on websites where at least a third of the content is of an adult nature, while several other states are seeking to pass similar legislation.

Continue Reading

Trending