Twitter’s request to fast-track its lawsuit against Elon Musk was granted this week.Snap Inc. and Twitter Inc. partly blamed advertising-industry headwinds for their poor quarterly results this week, renewing concerns of a broader slowdown in the online-ad market as its largest players are getting ready to report next week.
“We’re seeing the overall advertising pie grow at a slower rate,” Derek Andersen, Snap’s chief financial officer, told analysts Thursday after the parent of popular photo-sharing social-media app