Titan Submersible Implosion Kills 5; Company Suspends Operations

OceanGate's Titan submersible imploded during a dive to the Titanic wreckage, resulting in the deaths of 5 people including the CEO.
The company has suspended all exploration and commercial operations following the incident.
There were previous warnings about safety issues with the Titan submersible that were ignored.
Debris from the submersible was found on the ocean floor, indicating it instantly imploded at a depth of over 12,500 feet.
Investigations have been launched to determine the cause of the disaster and whether the company was negligent.