China’s tech chiefs in retreat

 China’s tech chiefs in retreat

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ByteDance founder Zhang Yiming has become the latest Chinese technology officer in the limelight as geopolitical and regulatory tightening is affecting large corporations.

Zhang, 38, established ByteDance Almost 10 years ago, he piloted a Beijing-based group that developed hit apps, including TikTok and its sister China platform Douyin, throughout a period of US-China tension. Report our Beijing team..Former Disney Executive last August Kevin Mayer quit So Ticktaku The CEO has been in office for only a few months, citing changes in the political environment.

Zhang will resign as Chief Executive Officer at the end of the year, replacing Liang Lubo, co-founder and general manager of Human Resources. Rex says The new boss faces the daunting task of simultaneously soothing Washington and Beijing,…

Read full article…californianewstimes.com