French billionaire Xavier Niel is joining the board of directors of TikTok’s parent, ByteDance, the company told the South China Morning Post. It’s an interesting move as Niel isn’t a name that comes up very often for high-profile board positions. He is replacing Philippe Laffont, the founder of the New York-based investment firm Coatue Management, […]
NewJeans’ Parent Exposes HYBE’s Plans To Put Group On “Long Hiatus” In Bombshell Interview
This article is part of our coverage of HYBE vs. ADOR CEO Min Hee Jin. You can read more and view the entire timeline here. The parents of a NewJeans member revealed that HYBE threatened them. NewJeans | Pinterest On May 13, an unnamed parent of NewJeans spoke with Ilgan Sports. According to the news […]
“I Sold My Child To Them”—Why The Parent Of A Former SM Entertainment Idol Cried When He Signed His Contract
Former Super Junior member Hangeng was the first non-Korean K-Pop idol. He became a trainee of SM Entertainment after passing their 2002 auditions in Beijing. [Video could not be displayed] He debuted three years later with “Twins (Knock Out)” and stayed in the group until he filed for the termination of his contract in 2009. […]
Snapchat’s parent lays off 10% of workforce in order to ‘reduce hierarchy,’ says company
Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact roughly 500-plus employees, based on headcount figures Snap released in November 2023, when it saw small-scale layoffs of its then north of 5,000 employees. The […]