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Tuesday newspaper round-up: YouTube, JustGiving, JPMorgan

(Sharecast News) - The former head of the Institute of Directors (IoD) has accused the Government's Covid fraud division of a "deliberate smear campaign" after she was punished for abusing loan schemes. Anna Daroy, who was the think tank's director general between 2018 and 2019, has criticised the Insolvency Service over its decision to ban her as a company director for 11 years. - Telegraph Rachel Reeves's pledge to tackle youth unemployment will target just one in 20 young people who are out of work and on benefits, official figures show. Under the changes, the Chancellor said young people who have been out of work for 18 months will be required to take on a mandatory paid role or face being stripped of their benefits. - Telegraph

YouTube has agreed to pay $22 million towards constructing a ballroom in the White House as part of a settlement with President Trump, who sued the video platform for suspending his account following the US Capitol riots. The Alphabet-owned company has agreed to pay a total of $24.5 million to settle a lawsuit brought over YouTube's actions after the Capitol riot in January 2021, a court filing showed on Monday. - The Times

The company behind the JustGiving charity and fundraising platform has paid £25.8 million to its Nasdaq-listed American parent. Giving.com paid the dividend to Blackbaud, the software company that has owned the UK site since 2017. - The Times

Charlie Javice, the entrepreneur convicted for defrauding JPMorgan Chase into buying her college financial aid startup Frank for $175m, was sentenced on Monday to just over seven years in prison. Alvin Hellerstein, the US district judge, handed down the sentence at a hearing in Manhattan federal court. - Guardian

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Thursday newspaper round-up: Betfair, Revolut CEO, Charles Tyrwhitt
(Sharecast News) - The widow of a gambling addict who took his own life after falling £18,000 into debt begins a legal claim on Thursday against Betfair that could have far-reaching consequences for the UK's gambling industry. Luke Ashton, 40, from Leicester, died in April 2021 after suffering from a gambling disorder that led him to place thousands of bets with the company, which sent him promotional "free" bets. - Guardian
Wednesday newspaper preview: South West Water, Hyve, Royal Exchange
(Sharecast News) - A utility company has been fined £1.85m for supplying water unfit for human consumption after a parasite outbreak made hundreds of people sick and forced thousands of households to boil their water. South West Water (SWW) pleaded guilty to the criminal offence relating to a cryptosporidiosis outbreak in Brixham, Devon, in the spring and summer of 2024. - Guardian
Tuesday newspaper round-up: Anthropic, unemployment, business rates
(Sharecast News) - More than a million jobs, higher wages, nearly half a trillion pounds in investment in the pipeline - the UK's green economy is powering ahead, according to research by the country's leading business organisation. The net zero economy, which is worth more than £100bn a year, benefits all of the UK, according to the CBI Economics analysis commissioned by the Energy and Climate Intelligence Unit thinktank, despite critics who want to abolish the UK's net zero targets. - Guardian
Monday newspaper round-up: Arm CEO, Meta, Jes Staley
(Sharecast News) - The UK's financial watchdog is being urged to prove its relationship with the US tech company Palantir will not provide the Trump administration with backdoor access to troves of sensitive citizen and commercial data. A US law that can oblige tech companies to disclose information to American authorities may apply to Palantir's deal to help the Financial Conduct Authority detect crime, Martin Wrigley MP, a member of the House of Commons science and technology select committee, has warned. - Guardian

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