TikTok chief executive Kevin Mayer resigns after Trump's call to sell US assets
by Helen Davidson from on (#57CZ8)
Mayer cites sharply changed' political environment after Donald Trump ordered ByteDance to sell up within 90 days
TikTok's chief executive, Kevin Mayer, has quit less than three months after he joined from Disney to lead the next stage of its expansion, amid a sharply changed" political environment and with Donald Trump accusing the Chinese-owned video app of threatening national security.
Mayer was hired after overseeing the successful launch of the Disney+ streaming service - and after being overlooked to replace Disney chief executive Bob Iger - as part of TikTok's drive to become a more US-centric business. That strategy now lies in tatters.
Continue reading...