Sir Richard Branson’s space tech startup Virgin Orbit, which launches rockets mid-air from under a 747, is shutting down after it failed to find more funding. CNBC reports that Virgin Orbit CEO Dan Hart told staff most operations will cease “for the foreseeable future” with 675 people losing their jobs and a skeleton staff of… Read more »
Sir Richard Branson’s Nasdaq listed rocket launch company, Virgin Orbit, is setting up shop in Toowoomba, 100km west of Brisbane, taking up an offer to establish its third global launch site from local entrepreneurs the Wagner brothers. Virgin Orbit (Nasdaq: VORB) has signed a Memorandum of Understanding with ASX-listed Wagner Corporation (ASX: WGN), which operates… Read more »
Welcome to Wednesday, team. Here are some things we’ve noticed to share with you 1. Google reboots offices Some Googlers will be getting out their best t-shirts to return to the office on July 6. CEO Sundar Pichai said returning to work will remain optional for the rest of 2020 in a blog post to… Read more »
‘Have I gone too far?’ How founders can beat their startup demons 
Tassie carbon accounting startup banks $5.3 million Seed round 
Smart hotels get even smarter: 72 Byte to launch in Australia with AI expert backing 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
Daily startup news and insights, delivered to your inbox.
