Snap Shares Soar On $400 Million Perplexity AI Deal

A recent court ruling has mandated the Trump administration to distribute the full SNAP benefits for November, setting a quick deadline for compliance. This decision is significant as it ensures that families relying on these benefits will receive the necessary support during a crucial time, especially as the holiday season approaches. The ruling highlights the importance of timely assistance for those in need and reflects the ongoing discussions around food security in the U.S.

Peter Bart highlights a troubling trend in Hollywood where the traditional acceptance of failure, or 'the flop', is diminishing. As production slows and the influence of AI grows, both creators and corporate leaders are feeling the pressure. This shift is significant because it threatens the creative freedom that has historically allowed the industry to innovate and recover from setbacks. Without the ability to embrace failure, the future of filmmaking could become more risk-averse, stifling creativity and diversity in storytelling.

Mark Zuckerberg and other social media CEOs are set to testify in a Los Angeles courtroom regarding a lawsuit that claims platforms like Instagram, Facebook, TikTok, YouTube, and Snap pose serious mental health risks to young users. This case is significant as it highlights the ongoing concerns about the impact of social media on youth, potentially leading to changes in how these platforms operate and are regulated.

The Trump administration has announced an increase in partial SNAP payments for November, a move that comes as the FAA is cutting flights at 40 major airports due to the ongoing government shutdown. This decision is significant as it aims to support those relying on food assistance during a time of economic uncertainty, while the flight reductions could impact travel plans for many. The interplay between these two developments highlights the broader challenges faced by the government and its citizens during this shutdown.

Roku has appointed Chris Handman as its new general counsel, following the departure of Louise Pentland to Adobe. Handman, who previously served as Snap's top lawyer, brings a wealth of experience to the role. This leadership change is significant for Roku as it continues to navigate the competitive streaming landscape, and Handman's expertise could help strengthen its legal strategies and compliance efforts.