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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Tuesday newspaper round-up: Influencers, Microsoft, Canal+

(Sharecast News) - Britain's financial watchdog has interviewed 20 social media influencers under caution, as it clamps down on "finfluencers" who may be touting financial services products illegally. The 20 were interviewed voluntarily using the Financial Conduct Authority's criminal powers. Potential penalties include fines and imprisonment of up to two years. - Guardian Microsoft is introducing autonomous artificial intelligence agents, or virtual employees, that can perform tasks such as handling client queries and identifying sales leads, as the tech sector strives to show investors that the AI boom can produce indispensable products. The US tech company is giving customers the ability to build their own AI agents as well as releasing 10 off-the-shelf bots that can carry out a range of roles including supply chain management and customer service. - Guardian

The French media giant behind the Paddington films is seeking a valuation of up to €8bn (£6.7bn) when it lists on the London Stock Exchange, which would make it the largest debut listing of the year. Canal+, which owns Paddington producer StudioCanal, is expected to appear on the LSE in mid-December as part of a spinout by its parent company Vivendi. City sources said the debut is likely to value Canal+ in a range between €6bn and €8bn - which would give the embattled market a much-needed boost. - Telegraph

Almost a third of UK businesses are calling for the government to support British trade by reducing Brexit-related regulations and red tape. A survey by Santander found that nearly three quarters (74 per cent) of businesses are confident they will grow in the next three years and 36 per cent are "very confident" about future growth, compared with just 22 per cent a year ago. - The Times

Dow Jones and the New York Post have filed a lawsuit against Perplexity, the artificial intelligence startup, for "shamelessly" ripping off their journalism for its search engine. The News Corp-owned publishers have alleged that Perplexity's AI-generated "answer machine" has copied "vast" quantities of journalists' work into its database. - The Times

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Thursday newspaper round-up: Solar panels, OBR, Chevron
(Sharecast News) - California's home-insurance safety net does not have enough money to pay all of the claims from damage caused by the Los Angeles wildfires and has asked private insurers to contribute $1bn toward those claims. All private insurers operating in California are required to contribute to the Fair plan, a plan of last resort established so all Californians would have access to fire insurance. More than 450,000 California homeowners got their insurance through the Fair plan in 2024 - more than double the number in 2020. As of 4 February, the plan had received more than 4,700 claims from the Palisades and Eaton fires, almost half of which were for "total losses". - Guardian
Wednesday newspaper round-up: British economy, Heathrow, FOS
(Sharecast News) - The British economy is on course to expand by 1.5% this year after the budget gave a boost to public spending but could be blown off course if Donald Trump goes ahead with threatened tariffs, a leading economic thinktank has warned. In a boost to Rachel Reeves after a bruising month of negative economic figures, the National Institute of Economic and Social Research (NIESR) upped its annual growth prediction from 1.2% to 1.5%. - Guardian
Tuesday newspaper round-up: OpenAI, EVs, gas prices
(Sharecast News) - Elon Musk escalated his feud with OpenAI and its CEO Sam Altman on Monday. The billionaire is leading a consortium of investors that announced it had submitted a bid of $97.4bn for "all assets" of the artificial intelligence company to OpenAI's board of directors. The startup, which operates ChatGPT, has been working to restructure itself away from its original non-profit status. OpenAI also operates a for-profit subsidiary, and Musk's unsolicited offer could complicate the company's plans. The Wall Street Journal first reported the proposed bid. - Guardian
Monday newspaper round-up: Service charge, BP, Heathrow, Elon Musk
(Sharecast News) - An increasingly complex tax system is burdening the government and businesses with hundreds of millions of pounds more in administration costs, Whitehall's spending watchdog has warned. The report by the National Audit Office (NAO) also said "poor levels of service" meant some taxpayers and their representatives were "finding it more difficult to deal with their tax matters and are losing trust in HM Revenue & Customs [HMRC]". - Guardian

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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