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TikTok owner Bytedance's cofounder Zhang Yiming steps down as CEO, saying he's not an 'ideal manager'

Zhang said in a memo that he's "not very social" and would have a bigger impact in a role that didn…

Tyler Sonnemaker   


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2 mins read

Binance CEO explains how herd mentality causes bitcoin price volatility - but argues the same behavior can be seen in the stock market

"The herd followers are less committed," he said. "Whenever there's some negative news, they run aw…

Isabelle Lee   


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3 mins read

Thug Rose crumpled Weili Zhang with a crisp head kick to become the UFC's newest women's champion

Watch Rose Namajunas annihilate Weili Zhang with a 75-second KO weeks after she made anti-communist…

Alan Dawson   


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Former employee accuses Facebook of being ignorant of its policies to favour a BJP MP

The report cites internal corporate documents and the testimony from Zhang to claim that the c…

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1 min read

P.V. Sindhu enters semi-finals of All England Open Championship

Reigning world badminton champion P.V. Sindhu rallied to enter the women's singles semi-finals of A…

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2 mins read

TikTok's billionaire Chinese founder is fighting to retain control of his company amid international tensions

As President Trump threatens to ban TikTok in the US, the app's Chinese founder is struggling to ma…

Ben Gilbert   


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China's smartphone sales see biggest dip in three years of 17%

China's overall smartphone sales declined 17% (on-year) in 2020, its sharpest decline in the last t…

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UFC strawweight champion Weili Zhang will likely return early 2021 against 'Thug' Rose Namajunas, according to her coach

The wildly-popular Chinese fighter Weili Zhang was last seen disfiguring her opponent's face during…

Alan Dawson   


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Cheryl Teh   


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3 mins read

TikTok's CEO left 3 months into the job after getting boxed out by ByteDance during TikTok's biggest moment of crisis

Kevin Mayer thought he would be in charge of TikTok decision-making as CEO. But as a potential sale…

Paige Leskin   


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2 mins read

The CEO of TikTok's parent firm says Trump's 'real objective' is to ban TikTok, not force a sale to Microsoft

ByteDance CEO Zhang Yiming reportedly told employees the US government's true objective was to forc…

Isobel Asher Hamilton   


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Critics in China reportedly called ByteDance CEO Zhang Yiming an 'American apologist' as talk of Microsoft's potential TikTok acquisition picks up steam

Online critics said Yiming was a 'coward' after the CEO confirmed ByteDance was discussing a deal w…

Katie Canales   


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UFC champion Weili Zhang has finally returned to China 6 weeks after being stranded in Las Vegas because of the coronavirus

Weili Zhang disfigured Joanna Jedrzejczyk's face in a brutal March 7 war, and has finally left the …

Alan Dawson   


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1 min read

Microsoft’s Satya Nadella grabs top spot on Fortune’s Businessperson of the Year 2019 list

“Nadella wears the gaps in his résumé as comfortably as the jeans and blazers that are his corpo…

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Tencent eyes silver generation with investment in video app for dancing grannies

In public squares across China, groups of middle-aged women and seniors regularly gather at dusk an…

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Meet Zhang Yiming, the secretive, 35-year-old Chinese billionaire behind TikTok who made over $12 billion in 2018

Zhang Yiming, the 35-year-old software engineer who founded the app's parent company, now has a net…

Taylor Nicole Rogers   


Taylor Nicole Rogers   


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2 mins read

Old is not gold for Alibaba, names ‘young’ Daniel Zhang as new chief

"Alibaba Group is ready to completely hand over management leadership to those of you who were born…