Douyin CEO Kelly Zhang steps down; a source says ByteDance will not seek to appoint a successor and Zhang will shift her focus to the video-editing app CapCut
Bloomberg :
A profile of Joseph Tsai, the Taiwan-born, US-educated Alibaba co-founder, its next chairman, a longtime Jack Ma ally, and now a prominent blockchain proponent
Here's who they are Jane Zhang / Fortune : In a surprise shakeup, Alibaba names Eddie Wu as its CEO, replacing Daniel Zhang, effective September 10; Zhang will remain CEO of Alibaba Cloud Florence Muc...
In a surprise move, Alibaba names Eddie Wu as CEO, replacing Daniel Zhang, and Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Cloud CEO
Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share …
Unlike Alibaba, Tencent has so far avoided an antitrust crackdown in China, likely due to it investing in upstarts instead of driving them out of business
but not, at least for now, Tencent. https://www.nytimes.com/... @chinausfocus : “Tencent's popularity may help it avoid trouble with Beijing. But its vast power could still squelch innovation in the w...
Sources: Microsoft and ByteDance hoped to have broad strokes of a TikTok deal by Monday, but then Trump's comments led them to seek clarity from the White House
Trump Deletes TikTok Ivan Mehta / The Next Web : Microsoft might buy TikTok — here's what's going on Hadlee Simons / Android Authority : It's official: Microsoft is in talks to acquire TikTok's US ope...
Sources: to save TikTok, ByteDance and investors are considering options like selling just TikTok's US business or splitting off ByteDance's international arm
- Venture investors urge Zhang to sell a majority stake in app — Time is running short to avoid a crackdown from U.S. officials
Profile of incoming Alibaba chairman Daniel Zhang, who replaces Jack Ma during a tricky time for the company as it delays its $20B Hong Kong stock offering
the most flamboyant tech founder on the planet and China's richest man … Arjun Kharpal / CNBC : Jack Ma steps down as Alibaba's chairman. Here are key moments in the company's history Josh Horwitz / R...
Profile of Alibaba CEO Daniel Zhang, who will succeed Jack Ma as Alibaba's chairman, and is best known for his roles as CEO of Taobao and president of Tmall.com
Among the 86,000 employees who work at Alibaba Group Holding, chief executive Daniel Zhang is not known as Daniel, or Mr. Zhang, or even boss.
Alibaba creates new digital media company, Alibaba Digital Media and Entertainment Group, to consolidate media assets, announces $1.48B fund for new projects
Yu Yongfu, of UCWeb, will become CEO of new group under Zhang — Breaking out media assets is part of transparency efforts