SINGAPORE—Zhang Yiming chose a college by calculating which schools were far from home and had a favorable female-to-male ratio for finding love. He bought his first home by devising a formula ...

Zhang will work side by side with Liang, currently ByteDance’s head of human resources and his college classmate, over the next six months to ensure a smooth transition. Zhang will remain as a ...

Zhang ‘s surprise announcement in May saw his college roommate and co-founder Liang take the lead in navigating the company through a rising wave of new regulations targeting Big Tech.

Zhang Yiming announced he will step down as CEO of TikTok-owner ByteDance, saying he lacked the social skills to be an ideal manager and naming his college roommate Liang Rubo as his successor to ...

Bytedance co-founder Zhang Yiming said Thursday that he will step down as chief executive and transition to a new position. He will be succeeded by fellow co-founder Liang Rubo, ByteDance’s ...

ByteDance co-founder Zhang Yiming has seen a surge of about $14 billion to his fortune since the beginning of 2025. On the other side, Elon Musk, the world's richest man, and Jeff Bezos, the ...

ByteDance Ltd. founder Zhang Yiming will cede the reins of TikTok’s owner to an old college roommate and lieutenant, stepping back from running the world’s most valuable startup ahead of its ...