Thursday , September 24 2020
Home / WORLD / TikTok CEO Kevin Mayer steps down amid feud with Trump administration

TikTok CEO Kevin Mayer steps down amid feud with Trump administration

His decision to leave the company comes days after TikTok filed suit against the Trump administration over an executive order that prevents the video-sharing app from making business transactions in the United States. 

General Manager Venessa Pappas will become interim CEO of the firm, according to a memo seen by Reuters.

“In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for,” Mayer said in the letter.

TikTok has confirmed his departure, noting that the growing political dimensions of his role as CEO had “significantly changed” his day-to-day responsibilities. 

ByteDance, which owns the popular app, said in a statement that it hopes to quickly resolve the business hurdles that it faces in the US.

Washington claims that Chinese-owned ByteDance could be sharing private user data with Beijing and poses a national security threat. Trump has given ByteDance until November 12 to spinoff or sell TikTok.

DETAILS TO FOLLOW

© 2020, paradox. All rights reserved.

Check Also

Boris’s new Covid restrictions are unscientific mumbo jumbo and an exercise in futility that will wreak havoc on millions

The UK has announced a fresh suite of draconian Covid restrictions, with Prime Minister Boris …

Leave a Reply

Your email address will not be published. Required fields are marked *