Oct 20, 2017

Snap reduces headcount, plans slower hiring for 2018

Evan Spiegel speaks at the Vanity Fair New Establishment Summit in Beverly Hills. Photo: Matt Winkelmeyer / Getty Images

Snapchat parent company Snap has laid off employees as it slows its growth heading into 2018, Business Insider reports. The company has grown fast over the past two years: it had 600 employees at the end of 2015 and ended last quarter with 2,600.

Why it matters: Snap believes the company has reached a size that is functioning well, so it is reducing its rate of hiring and therefore cutting some staff recruiter roles. The company said it will continue to hire aggressively in engineering and sales roles, but the overall pace of those hires will also slow next year.

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Updated 17 mins ago - Politics & Policy

In photos: Protesters clash with police nationwide over George Floyd

Police officers grapple with protesters in Atlanta. Photo: Elijah Nouvelage/Getty Images

Police used tear gas, rubber bullets and pepper spray as the protests sparked by the killing of George Floyd spread nationwide on Friday evening.

The big picture: Police responded in force in cities ranging from Atlanta to Des Moines, Houston to Detroit, Milwaukee to Washington, D.C. and Denver to Louisville. In Los Angeles, police declared a stretch of downtown off limits, with Oakland issuing a similar warning.

Updated 36 mins ago - Politics & Policy

Gov. Tim Walz to mobilize Minnesota's full National Guard

Photo: Steel Brooks/Anadolu Agency via Getty Images

Minnesota Gov. Tim Walz announced on Saturday he is activating the full National Guard to respond to street violence in Minneapolis that broke out during protests of a police encounter that left a black man, George Floyd, dead.

Why it matters: This is the first time the state has activated the full National Guard since World War II. " The Minnesota National Guard told Axios in an email that up to 10,000 soldiers and airmen would be deployed after all activations and processing are complete.

Updated 51 mins ago - Science

Live updates: SpaceX attempts to launch NASA astronauts Saturday

SpaceX's Falcon 9 rocket on the launch pad. Photo: NASA/Joel Kowsky

At 3:22 p.m. ET today, SpaceX is expected to launch NASA astronauts Bob Behnken and Doug Hurley to the International Space Station for the first time.

Why it matters: The liftoff — should it go off without a hitch — will be the first time a private company has launched people to orbit. It will also bring crewed launches back to the U.S. for the first time in nine years, since the end of the space shuttle program.

Follow along below for live updates throughout the day...