April 21, 2024


Expect exquisite business

TikTok chief Kevin Mayer quits in wake of Trump ban threat

Earlier this thirty day period, the US president signed an executive purchase to block TikTok if ByteDance did not end the app’s US operations by the middle of September. A 7 days afterwards, he issued a different purchase offering ByteDance 90 days to total the deal.

In June, the firm was also on the acquiring end of a ban from the Indian government after it blocked 59 Chinese apps adhering to a border clash involving India and China.

Mayer wrote to the Indian government stating Beijing had never asked for user information, nor would TikTok change it more than if questioned.

ByteDance has been in talks to promote TikTok’s North American, Australian and New Zealand operations, which could be worth $25bn (£18.9bn), to companies together with Microsoft Corp and Oracle, Reuters described.

Mr Mayer only officially took up the job at TikTok on June one. 

TikTok stated: “We value that the political dynamics of the previous couple of months have substantially adjusted what the scope of Kevin’s job would be heading ahead, and fully respect his decision. We thank him for his time at the firm and wish him properly.”