ByteDance founder to step down as CEO, hand over to college roommate
By Frank in Business
Updated 3 years ago
Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of Big Tech regulations worldwide to college roommate, long-time colleague and current human resources head Liang Rubo. In an employee memo on Thursday - first reported by Reuters and later disclosed...