US News

Exclusive: ByteDance co-founder Zhang Yiming to step down as CEO

Published by
Reuters

By Echo Wang (Reuters) – Zhang Yiming, the co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant in an internal memo seen by Reuters on Thursday that he will step down as chief executive, to be succeeded by co-founder Rubo Liang. The move represents the biggest corporate shake-up at ByteDance since its launch in 2012. The company grew to become a dominant social media force in China and turned TikTok, a short-video app popular with teenagers, into a global sensation. Zhang wrote in the memo that Liang, whose most recent role at ByteDance was head of human resourc…

Read More

Facebook Comments

Check Also

Baltimore Homes “Rattle” After US Army Conducts Bombing Tests

Baltimore Homes “Rattle” After US Army Conducts Bombing ...

Archives