TikTok’s Owner, ByteDance, Says C.E.O. Zhang Yiming Will Resign

The increased regulatory pressures are leading some internet executives to try to avoid drawing additional attention to themselves — none more so than Jack Ma, Alibaba’s billionaire co-founder and one of China’s most celebrated entrepreneurs. Mr. Ma stepped down as Alibaba’s chief executive in 2013 — also, according to the company, to focus on grand …

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