Snap’s business has been on life support for a while now, with Apple’s ad tracking changes on iOS, competition from TikTok, and a combination of other factors leading to a collapse in its revenue growth.
That said, all is not lost: based on the third quarter earnings results that Snap announced on Tuesday, its ads business appears to finally be on the upswing. Total revenue grew to nearly $1.2 billion, an increase of 5 percent from the same time last year. Snap is still a money-losing…