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BEIJING, Nov 2 (Reuters) – TikTok CEO Shou Zi Chew will step down as its parent ByteDance’s chief financial officer (CFO) to focus on running the short video platform full time, according to an internal memo the company shared with Reuters.

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ByteDance will also be reorganised into six units – TikTok and its Chinese version Douyin, work collaboration unit Lark, business services unit BytePlus, gaming unit Nuverse, and education tech unit Dali Education, Liang said in the memo.

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Liang also said that Dali, which has undergone layoffs and product closures after China issued rules barring curriculum-based tutoring for profit website would provide services for education stakeholders such as artificial intelligence-powered learning, education for adults and smart hardware.

Students are still required to study the subjects as part of the school’s core program but can no longer take them as majors  Marymount’s trustees made the final call on February 24 when they voted unanimously to axe bachelor’s degrees in theology and religious studies, philosophy, paginas web Puerto Rico mathematics, art, history, sociology, English, economics and secondary education.

ByteDance’s Chinese products, including Douyin, news aggregator Toutiao, video-streaming platform Xigua, will be folded into the Douyin unit, which will take over all “information and service” operations in the Chinese market.

I am grateful for all the happy times we had together and want to thank my friends, family and fans for your love and support as we start this new chapter moving forward in our lives.’ ‘We will maintain a friendship as we co-parent our beautiful children.

Marymount’s trustees made the final call on February 24 when they voted unanimously to axe bachelor’s degrees in theology and religious studies, philosophy, pre k reading activities mathematics, art, history, sociology, English, economics and secondary education. Students are still required to study the subjects as part of the school’s core program but can no longer take them as majors.

The strategy appears to be, wreck first and find out what to build later.’ ‘We have not heard any definite plan for how to grow,’ Kovach said.
‘We have not seen evidence these changes will lead to cost savings that could just as well be achieved without closing programs.

While these specific changes are not financially driven, they will provide the University the opportunity to redeploy resources to better serve students and areas of growth. We believe investing in programs that appeal to students and prepare them for highly sought-after professions is not only our mission but our responsibility,’ the school added.  

‘Cutting portions of the School of Humanities as well as math and art programs would be detrimental to the diversity of our student body,’ student president Ashly Trejo Mejia wrote in a letter to the school’s president.

According to a report, 93 percent of the 91 Marymount students majoring in history, math, philosophy, art, English, sociology, and religious studies, would have gone to other schools had they known the cuts were coming.

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