Thanks in large part to Luyu Yang, TikTok has become a cultural phenomenon. Now, Yang is parting ways with the app's corporate overlord.
Yang, the co-founder of TikTok predecessor Musical.ly, has left Bytedance. According to the South China Morning Post, which cited a previous report from Chinese outlet LatePost, Yang departed his position around the end of June. He had been at Bytedance since 2017, when the Beijing-based company acquired Musical.ly for a reported price of 800 million.
At the time of his exit, Yang was working closely with Dali, a Bytedance venture that was focused on creating educational technology. Dali developed a 119 smart lamp in 2020, but the unit has been affected by numerous regulatory issues. Domestically, Chinese edutech companies are scrambling to comply with the government's "double reduction" policy, which is designed to limit the amount of work student complete outside of school. Abroad, Bytedance has been compelled to...
Yang, the co-founder of TikTok predecessor Musical.ly, has left Bytedance. According to the South China Morning Post, which cited a previous report from Chinese outlet LatePost, Yang departed his position around the end of June. He had been at Bytedance since 2017, when the Beijing-based company acquired Musical.ly for a reported price of 800 million.
At the time of his exit, Yang was working closely with Dali, a Bytedance venture that was focused on creating educational technology. Dali developed a 119 smart lamp in 2020, but the unit has been affected by numerous regulatory issues. Domestically, Chinese edutech companies are scrambling to comply with the government's "double reduction" policy, which is designed to limit the amount of work student complete outside of school. Abroad, Bytedance has been compelled to...
- 7/8/2022
- by Sam Gutelle
- Tubefilter.com
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.