{"id":2100,"date":"2021-05-21T00:00:00","date_gmt":"2021-05-21T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/bytedance-boss-exits-at-time-of-uncertainty-for-chinese-tech-firms\/"},"modified":"2025-02-28T14:40:04","modified_gmt":"2025-02-28T14:40:04","slug":"bytedance-boss-exits-at-time-of-uncertainty-for-chinese-tech-firms","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/bytedance-boss-exits-at-time-of-uncertainty-for-chinese-tech-firms\/","title":{"rendered":"Bytedance boss exits at time of uncertainty for Chinese tech firms"},"content":{"rendered":"<p>Analysis: political undercurrents cannot be ignored as Zhang Yiming stands down to &lsquo;daydream&rsquo;<\/p>\n<ul>\n<li><a href=\"%20six%20of%20the%20video-sharing%20app%E2%80%99s%20greatest%20hits\">TikTok: six of the video-sharing app&rsquo;s greatest hits<\/a><\/li>\n<\/ul>\n<p>In the latest retreat by a leading figure in China&rsquo;s booming tech sector, the chief executive of TikTok&rsquo;s parent company has <a href=\"https:\/\/www.theguardian.com\/world\/2021\/may\/20\/bytedance-ceo-zhang-yiming-stands-aside-daydreaming-tiktok\">said he will step down<\/a> to focus on long-term strategy, saying he prefers &ldquo;reading and daydreaming&rdquo; to the challenge of running a multinational firm.<\/p>\n<p>Zhang Yiming, the 38-year-old boss of Bytedance, set out the reasons for the move in an unusually candid memo addressed to the company&rsquo;s staff. &ldquo;The truth is, I lack some of the skills that make an ideal manager,&rdquo; he confessed.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2021\/may\/21\/bytedance-boss-zhang-yiming-departs-uncertainty-china-tech-firms\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysis: political undercurrents cannot be ignored as Zhang Yiming stands down to &lsquo;daydream&rsquo; TikTok: six of the video-sharing app&rsquo;s greatest hits In the latest retreat by a leading figure in China&rsquo;s booming tech sector, the chief executive of TikTok&rsquo;s parent company has said he will step down to focus on long-term strategy, saying he prefers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - 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