ByteDance CFO Shou Zi Chew steps down to focus on a role as TikTok CEO

TikTok owner ByteDance’s finance chief will step down to concentrate on his role as CEO of the short video app. TikTok owner ByteDance Ltd. said Chief Financial Officer Shou Zi Chew will step down from that role to focus on his position as CEO of the well-known and popular video-sharing platform, a move that comes… Continue reading ByteDance CFO Shou Zi Chew steps down to focus on a role as TikTok CEO

TikTok becomes the most downloaded mobile app in the world

The popular short-form video platform TikTok has now become the most downloaded mobile app in the world, overtaking applications like Facebook, WhatsApp, Instagram, and Messenger. According to a new report, the Chinese short video app beat the graph as it earned the most number of downloads all through 2020. A global survey of downloads in… Continue reading TikTok becomes the most downloaded mobile app in the world

TikTok owner ByteDance’s founder Zhang Yiming will resign as CEO and hand over to Liang Rubo

TikTok owner ByteDance’s founder has declared he’s stepping down from his role as CEO leading the organization whose success with popular short-video app TikTok led it to become the world’s most valuable startup. Zhang Yiming (张一鸣), who co-founded ByteDance in 2012, will move to one more position at the organization, and fellow co-founder Liang Rubo… Continue reading TikTok owner ByteDance’s founder Zhang Yiming will resign as CEO and hand over to Liang Rubo

Donald Trump expects to ban Alibaba and other Chinese firms in the US after the TikTok ban

US President Donald Trump has shown that he was hoping to ban other Chinese-owned organizations, including e-commerce giant Alibaba in the United States, days in the wake of signing an executive order targetting TikTok’s parent organization, ByteDance, an American TV channel detailed. The improvement came after Trump gave an executive order on August 14, expecting… Continue reading Donald Trump expects to ban Alibaba and other Chinese firms in the US after the TikTok ban