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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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(Sharecast News) - The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks to reduce costs to secure its financial future. There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. The rest are operated by independent post office operators under contract and partners such as WH Smith and Tesco. - Guardian
Tuesday newspaper round-up: Bluesky, British Steel, FRC
(Sharecast News) - Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, largely from North America and the UK, has helped Bluesky reach 14.5 million users worldwide, up from 9 million in September, the company said. - Guardian
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(Sharecast News) - Great Britain "lags behind" Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number of children with a gambling problem. Restrictions on ads by bookmakers and casinos are increasingly becoming "the norm" across Europe in response to public health concerns, according to a report commissioned by GambleAware, the UK's leading gambling charity. - Guardian
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(Sharecast News) - Dozens of health and children's groups have urged ministers to tackle obesity by imposing taxes on foods containing too much salt or sugar. New levies based on the sugar tax on soft drinks would make it easier for consumers to eat more healthily by forcing food manufacturers to reformulate their products, they claim. - 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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