Jae C. Hong / AP

The WSJ dives into how Snap is different than Twitter and Facebook.

  • The office: "[T]he company defiantly operates unlike most Silicon Valley outfits, where collaboration and wide-open office spaces are prized. ... Snap doesn't have a headquarters."
  • The founder: "Former employees say often the only way they knew co-founder and CEO Evan Spiegel was at work was by seeing his chauffeured SUV. He avoids holding companywide meetings and prefers to dispense information to individuals or small groups, they say."
  • And the quotes: "Evan doesn't talk much." ... "For someone of his age, he operates with much more wisdom than anyone else I have seen. I find him to be a very, very clear thinker. ... [H]e gets it right every time."

Go deeper

Dion Rabouin, author of Markets
14 mins ago - Economy & Business

Investors have nowhere to hide

Photo: Jeenah Moon/Getty Images

The massive losses in oil prices and U.S. and European equities were not countered by gains in traditional safe-haven assets on Wednesday.

Why it matters: The unusual movement in typical hedging tools like bonds, precious metals and currencies means they are not providing investors an asset that will appreciate in the event of a major equity selloff.

Kendall Baker, author of Sports
18 mins ago - Sports

A look inside sports owners' political donations

Data: ESPN/FiveThirtyEight; Chart: Axios Visuals

Sports team owners in the four largest North American leagues (NFL, NBA, MLB, NHL) have donated over $46 million in federal elections since 2015, according to research conducted by ESPN and FiveThirtyEight.

By the numbers: Over the past three elections, $35.7 million of that money (77.4%) has gone to Republican campaigns and super PACs, compared to $10.4 million (22.6%) to Democrats.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.