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Seafolly seeking new owner | Facebook drops by $90b | Rex Airlines taking on Qantas, Virgin

Seafolly seeking new owner | Facebook drops by $90b | Rex Airlines taking on Qantas, Virgin

What the Flux · Flux

June 30, 20204m 39s

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Show Notes

Seafolly is seeking a new owner after falling into voluntary administration, becoming COVID’s latest fashion victim.


The value of Facebook dropped $90 billion this week, as advertisers continued to boycott the company by pausing ad spending.


Australian airline Regional Express (Rex) is planning to raise $30 million and buy new planes to take on Qantas and Virgin.


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