Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes […]
By Zheping Huang ByteDance Ltd.’s billionaire founder Zhang Yiming has stepped down as chairman, moving further away from the TikTok owner after announcing he was stepping down as chief executive officer in May.
ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after saying in May he would step down as CEO, a person with direct knowledge of the matter told Reuters, in the.