TikTok CEO resigns amid US pressure to sell video app
PTI, Aug 27, 2020, 11:17 AM IST
Hong Kong: TikTok CEO Kevin Mayer resigned Thursday amid US pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk.
In a letter to employees, Mayer said his decision to leave comes after the “political environment has sharply changed”.
His resignation comes after US President Donald Trump ordered a ban on TikTok, unless parent company Bytedance sells its US operations to an American company within 90 days.
“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,” he said in the letter.
“Against this backdrop, and as we expect to reach a resolution very soon, it is with a heavy heart that I wanted to let you all know that I have decided to leave the company.”
Mayer, a former Disney executive, joined TikTok as CEO in May.
“We appreciate that the political dynamics of the last few months have significantly changed what the scope of Kevin”s role would be going forward, and fully respect his decision. We thank him for his time at the company and wish him well,” TikTok said in a statement.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Watch: 2 Malaysian Navy helicopters crash mid-air; 10 onboard killed
2 Indian students killed in traffic collision in Arizona
Indian-origin married man jailed in Singapore for beating girlfriend to death
US students up in arms against Biden on Gaza war
Maldivian President Muizzu secures ‘supermajority’ in parliamentary polls: Media
MUST WATCH
Latest Additions
“Very sorry. We will be on your side,” CM Siddaramaiah to slain student’s father
Shah holds roadshow in West Bengal’s Malda
EC not acting in non-partisan manner, says Pinarayi Vijayan on PM’s remarks regarding Muslims
Referred to Gandhi’s old name due to his recent statements helping BJP: Vijayan
From Orbit to Earth: ISRO’s Contributions to Understanding Himalayan Glacial Shifts