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TikTok parent's founder is latest China tech boss to step down amid government crackdown


Source: livemint.com livemint.com
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The move by the founder of TikTok's parent company to step down as chief executive makes him the latest in a series of Chinese internet entrepreneurs to leave the spotlight as authorities tighten the reins on the nation's tech giants. ByteDance Ltd., one of the world's most valuable closely held tech companies, said Thursday that CEO Zhang Yiming, an engineer by training, would step aside to focus on long-term strategy. Co-founder Liang Rubo was appointed as his successor. Indian Immunologicals eyes Covaxin antigen supply 2 min read . 01:45 AM IST Premium Premium Apollo Tyres gets nod to re-start production…

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