Image sourced from Business Tech Africa /* custom css */ .tdi_3_462.td-a-rec-img{ text-align: left; }.tdi_3_462.td-a-rec-img img{ margin: 0 auto 0 0; } ByteDance has announced that its co-founder and CEO, Zhang Yiming, would step down from his role by the end of 2021. Liang Rubo, co-founder of ByteDance, is expected to be the new CEO. “Since the beginning of this year, I’ve spent a lot of time thinking about how to better drive real long-term breakthroughs, which cannot simply rely on steady, but incremental, progress,” writes Yiming. He goes on to say that after several months of thinking about this, he has come to the conclusion that transitioning out of the role of CEO, with all of the related day-to-day responsibilities, would enable him to have greater impact on longer-term initiative...
