AI Asia Global News

TikTok Parent Company ByteDance’s CEO and Founder Zhang Yiming Resigns

On May 20, Zhang Yiming, the founder of ByteDance and owner of TikTok since 2012, issued an internal letter to all employees announcing his resignation as CEO.

On May 20, Zhang Yiming, the founder of ByteDance and owner of TikTok since 2012, issued an internal letter to all employees announcing his resignation as CEO. Contemplating his leave since March of this year, Zhang expressed in the letter that he will focus on long-term visions including strategy, corporate culture and social responsibility. Liang Rubo, co-founder of ByteDance and head of the company’s product R&D unit, will take over as the new CEO. Last month, Colin Huang, Chinese billionaire businessman and founder of e-commerce company Pinduoduo stepped down as company chairman. As Chinese internet and technology companies consolidate their market shares, the departures of founder may be signaling alternative market opportunities.

About Synced

Machine Intelligence | Technology & Industry | Information & Analysis

5 comments on “TikTok Parent Company ByteDance’s CEO and Founder Zhang Yiming Resigns

  1. garry hilton

    Whether it’s dance challenges, lip-syncing to popular songs, or sharing funny moments, TikTok has something for everyone. The app’s algorithm uses machine learning to tailor content to users’ interests, making it easy to discover new creators and trends. With over 1 billion active users, TikTok is the perfect platform for those looking to reach a wider audience.

  2. bellatornie

    Hey, guys, I had this problem where I couldn’t download TikTok videos without the watermark, and it was really frustrating. But then I came across a website that helps to download tiktok video without watermark, and it’s been a lifesaver. Now I can download original videos without any logos on them. If you’re facing a similar issue, give it a try.

  3. Cara Top Up:

  4. Cara Top Up Chip Higgs Domino Termurah

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: