iWorld
ByteDance’s founder Zhang Yiming to step down by end of 2021
KOLKATA: Chinese giant ByteDance’s founder Zhang Yiming has decided to step down as chief executive and move into a key strategy role at the end of 2021. The company which owns the short video platform TikTok will now be led by it’s co-founder and head of human resources Liang Rubo.
Yiming wrote in a letter that he would have a better impact on ByteDance if he moved out of his current CEO position. He also noted how Rubo has played a key role in advancing the company’s technology and hiring and managing people.
“The truth is, that I lack some of the skills that make an ideal manager. I’m more interested in analyzing organizational and market principles, and leveraging these theories to further reduce management work, rather than actually managing people,” he wrote.
He expressed his interest in analysing organizational and market principles, and leveraging these theories to further reduce management work, rather than actually managing people. “Similarly, I’m not very social, preferring solitary activities like being online, reading, listening to music, and daydreaming about what may be possible,” he added.
This is the biggest corporate shakeup of the company after the appointment of chairman Zhang Lidong and chief executive Kelly Zhang at its China business. Yiming will work side by side with Rubo over the next six months for a smooth transition.
iWorld
Veto onboards B4U Network channels to boost its entertainment offering
Partnership adds films, music and regional fare as platform sharpens its large-screen pitch
NEW DELHI: Veto is stacking its content deck. The family-first CTV-focused OTT platform has onboarded B4U Network, plugging in a slate of Bollywood, music and regional programming to widen its appeal in India’s living rooms.
The tie-up brings B4U Movies, B4U Music, B4U Kadak and Bhojpuri+ onto Veto, offering a broader mix of films, songs and vernacular content aimed at diverse audience cohorts. The move is designed to deepen engagement and nudge growth as competition in connected TV heats up.
Ritu Dhawan, managing director, Veto, framed the partnership as a scale play. “At Veto, our vision is to redefine large-screen entertainment for Indian households by creating a trusted, free, and unified viewing experience. Partnering with B4U Network strengthens our ability to offer deeply engaging and regionally relevant content, helping us connect more with audiences across India,” Dhawan said. “As we grow, our focus remains on delivering relevant, high-quality entertainment that families can enjoy together.”
The integration is expected to expand Veto’s audience base while improving content discovery and depth. The platform positions itself as a no-login, large-screen-first service, bundling live TV, news, sports, movies, music, podcasts and on-demand programming into a single interface tailored for connected TVs.
As streaming fragments and screens multiply, Veto is betting on aggregation and simplicity. More content, fewer clicks, broader reach—the pitch is clear, and the living room is the battleground.
