Founder of TikTok’s Chinese owner stepping down as CEO

Founder of TikTok’s Chinese owner stepping down as CEO

TikTok is owned by ByteDance (AP/Kiichiro Sato, File)

The founder of TikTok’s Chinese owner has said he will give up his job as CEO to focus on longer-term initiatives.

The move comes amid uncertainty over whether the US government will force the sale of the popular short video service’s US arm.

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