The founder of China's ByteDance, owner of the wildly successful TikTok app...
BEIJING/HONG KONG - The founder of China’s ByteDance, owner of the wildly successful TikTok app, has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage. On Thursday Zhang Yiming made a key move to achieve that.
In a recent, exclusive interview with Reuters, Zhang spoke expansively of his vision of ByteDance as a fully global company in the image of Google and Facebook, even as it faces a national security review by the U.S. government over TikTok’s data practices. Some U.S. government agencies have banned employees from using TikTok over data security concerns.
Zhang told Wang over numerous meetings and phone calls he believed his AI-based recommendation algorithms used in its Chinese-language news aggregator Jinri Toutiao, could be expanded to different languages and content formats.CHASING GLOBAL SUCCESS
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