Snap told investors that although the app's daily active users rose 19% to 363 million in the third quarter from a year ago, but advertisers were holding back on spending, due to a challenging macroeconomic environment.Snap also did not issue a detailed guidance for the fourth quarter, saying "forward-looking revenue visibility remains incredibly challenging."The Santa Monica, California-based company— which said in August that it was laying off 20% to 25% of its workforce — expects the operating environment to stay challenging in the months ahead.The reorganization would help Snap "better meet the challenges of the current environment and to make as much progress as possible as quickly as possible in the areas of our business that we are able to control," Snap CEO Evan Spiegel said in an earnings call with analysts, according to a transcript of the call.- The EU is considering paying for Elon Musk's Starlink internet service in Ukraine days after SpaceX threatened to stop footing the bill- After just 44 days in office, Liz Truss is eligible to collect a £115,000 allowance for the rest of her life- 'It's Always Sunny in Philadelphia' actor said Tesla 'lost a customer' after his car was stuck in a parking garage for days after his key fob broke- T20 World Cup: Zimbabwe makes it to Super 12 for the first time- KKR invests $300 million in UPL subsidiary Advanta for a 13.33% stake- Goa plans to use abandoned mining pits to generate green power- HUL’s Q2 net profit grows 20% to ₹2,616 cr; says it’s cautiously optimistic in the near-term- Amazon Great Indian final days: Kitchen and home decor deals and offers- Best Printer for Home- Best Mixer Grinder- Best wired Earphones- Best 43 Inch TV in India- Best Wi Fi Routers- Best Vacuum Cleaner- Best Home Theatre in India- Smart Watch under 5000- Best Laptops for Education- Best Laptop for Students"