Founder of TikTok Owner ByteDance Resigns as CEO

By Christine Zosche 

ByteDance’s CEO has announced he’s stepping down from his role leading the company whose success with TikTok led it to become the world’s most valuable startup. Zhang Yiming, who co-founded ByteDance in 2012, will move to another position at the company, and fellow co-founder Liang Rubo will become the new CEO. (The Verge)

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