Virgin Orbit Plummets Over 30% After Furloughing Majority of Staff, Enters 'Operational Pause'

Published on March 16, 2023

The satellite launch company is a part of the Virgin Group.

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Bummed out from the last week? Here’s some bullish news for software companies

March 16, 2023
Yes, reading the tech press in the last week has been pretty brutal. And yes, you and your startup may still be rattled by the Silicon Valley Bank crisis or worried about what’s going on at First Republic. Hell, you could still be working to secure your funds somewhere new.The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every S

Artifact co-founder Kevin Systrom on the SVB crisis, its further impacts and future of tech

March 16, 2023
Artifact, the new personalized news app from Instagram’s co-founders, is another startup whose funding was caught up in the Silicon Valley Bank failure, and co-founder Kevin Systrom believes there could be more trouble to come for Silicon Valley. The founder disclosed in a recent interview the team had 100% of Artifact’s funds at SVB prior to the bank’s failure. However, unlike many other startups