Vox Media Spins Off NowThis, Viral Politics Site
Known for its viral videos of politicians and other newsmakers, NowThis is preparing to cover the 2024 election as an independent company.
Posted inEmanuel, Ariel Z Layoffs and Job Reductions Mergers, Acquisitions and Divestitures Musk, Elon saturdaynewsletter Workplace Environment
Work From the Office, Get Laid Off at Home
McDonald’s temporarily closed its corporate offices this week so it could lay off workers virtually. Was that a good idea?
Posted inBrazil China Cosmetics and Toiletries Europe France L'Oreal SA Melbourne (Australia) Mergers, Acquisitions and Divestitures Natura Cosmeticos SA Shopping and Retail Skin
Aesop, a Skin Care Company, Will Be Acquired by L’Oréal
L’Oréal, the French cosmetics giant, said it would help Aesop, an Australian luxury brand with a cult following, expand in China.
Posted inHybe America (Hybe Co Ltd) K-Pop Kakao Entertainment Corp Mergers, Acquisitions and Divestitures SM Entertainment South Korea
In K-Pop’s Quest for Global Growth, Korean Fans Feel Cast Aside
A bidding war for a K-pop label — a deal with global ramifications for the genre — has left listeners in its home market questioning their relevance.