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X ‘closes operations’ in Brazil after row with supreme court justice | World News
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Social media company X says it will close its operations in Brazil, after claiming a judge on the country’s supreme court threatened to arrest its legal representative in Brazil if the company did not comply with his orders. X, formerly Twitter, said it was removing its remaining staff in Brazil “effective immediately” though the service…
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Richard Branson ends Virgin Orbit operations after UK space mission failure | Science & Tech News
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Richard Branson’s Virgin Orbit has announced it will be shutting down. It comes a few months after a space mission ended in disappointment, when a rocket carrying the first satellites launched from the UK failed to reach orbit and was lost. On Tuesday, the firm revealed it was closing down after its assets were sold…
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Virgin Orbit sacks 85% of workforce and ceases operations ‘for foreseeable future’ | UK News
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Sir Richard Branson’s Virgin Orbit has said it is laying off 85% of its staff and will cease operations for the foreseeable future. The satellite launch company, which is 75%-owned by the British billionaire’s Virgin Group, was unable to secure new funding from investors. Back in January, the company failed to complete the first-ever satellite…
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Virgin Orbit halts operations with almost all staff set to be furloughed | Business News
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Virgin Orbit will pause all operations – with almost all staff at the satellite launch company expected to be furloughed. The company made the announcement after the first satellite mission from UK soil failed to reach orbit earlier this year. Chief executive Dan Hart told staff in a meeting on Wednesday that the furlough was…