companies of china
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ByteDance CEO to Step Down, Says He’d Rather Daydream Than Manage People
The CEO of ByteDance, Zhang Yiming, is stepping down at the end of 2021 according to a memo posted to the ByteDance website on Thursday. And while most corporate transitions are filled with bland PR-speak, Yiming’s departure memo is an interesting case study in honesty.
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Huawei Says It’s Not An Electric Car Company, Yet
We shouldn’t expect anything resembling a car from Apple in the next few years due to the company’s infamous slow-and-steady R&D, but another Big Tech company, Huawei, is now reportedly aiming for its own EV release by the end of 2021, as Reuters reports.
