Gogoro, the Taiwanese electric scooter manufacturer and battery swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a […]
Gareth Southgate Resigns As England Manager After Euro 2024 Final Loss
File photo of Gareth Southgate© AFP Gareth Southgate said he was resigning as England manager on Tuesday two days after they lost to Spain in the Euro 2024 final. “It’s time for change, and for a new chapter. Sunday’s final in Berlin against Spain was my final game as England manager,” he said in a statement. Southgate took […]
Pledis Entertainment’s Visual Director Resigns, Gets Bombarded With Malicious Comments
The most recent visual director at Pledis Entertainment recently posted on their social media account to announce their resignment, and with that announcement came an additional plea. They shared that they had to resign after two years of working for the entertainment company, and that they plan to rest because they’re exhausted from the work. They […]
Stability AI CEO resigns because you’re ‘not going to beat centralized AI with more centralized AI’
Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week. Stability AI, which has been backed by investors including Lightspeed Venture Partners and Coatue Management, […]
BTS’s Jungkook Resigns As Director Of His Brother’s Clothing Company After Being Accused Of False Advertising
BTS‘s Jungkook has resigned as a director of his brother’s clothing company after being accused of false advertising. In a report shared by Biz Hankook, Jungkook resigned from his position as an internal director of his brother Jeon Junghyun‘s company Six6uys. The company register, which is public record, showed that Jeon Junghyun founded Six6uys in […]