Source: South China Morning PostEmployees at Beijing-based ByteDance were taken by surprise on Thursday when Zhang Yiming, the soft-spoken founder of the world’s largest unicorn, announced he was giving up his role as chief executive to “be more impactful on longer-term initiatives”, less than one month after the company’s IPO plans were put on hold.The 38-year-old billionaire, estimated by Forbes to have a net worth of US$35.6 billion and now the third Big Tech founder in China to have taken a step back in recent times after…Read More