Snapchat’s parent company just delivered surprisingly strong quarterly results that sent its stock climbing. The social media platform beat revenue expectations and announced major partnerships and buybacks.
Microsoft has formally apologized to New Zealand Microsoft 365 users for failing to communicate Copilot plan changes. The company is now offering refunds and the option to switch back to classic plans without AI features.
President Trump claims America has the “greatest economy right now” while acknowledging many voters “don’t see that.” This comes after Republicans lost key races where economic concerns dominated. The disconnect between political messaging and lived experience is becoming impossible to ignore.
America has fallen to 28th out of 39 nations in government research investment while China now leads in 57 of 64 critical technology categories. Proposed budget cuts could shrink US GDP by $700 billion over a decade. The debate over basic research funding has never been more urgent.
Peloton is recalling every original Bike+ it ever sold after reports of seat posts breaking and detaching during use. The recall affects 833,000 units and follows two reported injuries. This marks the company’s second major bike recall in just over two years.
Snap’s stock surged 16% in premarket trading following a strategic partnership with Perplexity AI and a $500 million stock buyback announcement. The company reported Q3 2025 revenue of $1.51 billion, beating analyst expectations. Daily active users grew to 477 million, up 8% year-over-year.
Snap is integrating Perplexity’s AI search engine into its app in early 2026 through a $400 million cash and equity deal. The partnership comes as Snap reports strong revenue growth but shifting user engagement patterns. This follows similar AI moves by Meta and X across social platforms.
Italy’s stock market has dramatically outperformed European peers, with the FTSE MIB climbing 120% over five years compared to 60% for the broader European market. The country’s political stability and financial reforms are creating a surprising success story that Europe should learn from.
Nintendo has expanded its official store app beyond Japan for the first time. The app lets users purchase consoles, games, and merchandise directly from their phones. It also includes location-based rewards for checking in at Nintendo events and stores.
Apple’s rumored $1 billion annual payment to Google for Gemini AI access looks like a steal compared to the $20 billion Google pays Apple for search placement. Meanwhile, Apple reportedly pays OpenAI nothing for ChatGPT integration. The deal terms reveal who holds the real power in these partnership
