Author: wazup

After two days of intense reviews, NASA is giving its commercial partner SpaceX the thumbs-up to launch its first astronauts to space next week. There’s still more work to be done by both the agency and SpaceX, including another review on Monday, but officials decided there were no major issues standing in the way of the launch. “It was a good review, great discussion,” NASA administrator Jim Brid...

Glitch laid off “a substantial number of employees” on Thursday in an effort to cut costs and ensure “long term viability,” the company confirmed in an email to The Verge. Glitch said it had to “significantly cut operating costs” due to market conditions. At least 18 people were laid off, according to two former employees who asked to remain anonymous. Glitch had about 50 employees before the layo...

Seven months after he filed for Chapter 11 bankruptcy to deal with $3.6 billion in personal debt, the reorganization plan laid out by Jia Yueting — the tycoon founder of troubled EV startup Faraday Future — has been approved by a judge. In overly simple terms, the majority of the many people and companies he owes money — largely thanks to the collapse of LeEco, the overly-leveraged tech conglomera...