ByteDance boss to step down in big shake-up at TikTok owner
Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant in a memo that he will step down as chief executive, the company disclosed on Thursday. He will be succeeded by co-founder Rubo Liang. The move, first reported by Reuters, represents the biggest corporate shake-up at ByteDance since its launch in 2012. The company…