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Home > What the Flux > Seafolly seeking new owner | Facebook drops by $90b | Rex Airlines taking on Qantas, Virgin
Podcast: What the Flux
Episode:

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

Category: News & Politics
Duration: 00:04:39
Publish Date: 2020-06-30 19:00:00
Description:

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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