Former Disney executive Kevin Mayer in 2015. On Wednesday, Mayer announced he was resigning suddenly from TikTok as the app's chief executive amid growing pressure in Washington for the app to sell off its U.S. assets.Former Disney executive Kevin Mayer in 2015. On Wednesday, Mayer announced he was resigning suddenly from TikTok as the app's chief executive amid growing pressure in Washington for the app to sell off its U.S. assets.
"I want to be clear that this decision has nothing to do with the company, what I see for our future, or the belief I have in what we are building," Mayer wrote in his message, which TikTok shared with NPR. Now, it will be Pappas who heads TikTok as it navigates political and legal turmoil that poses an existential threat to the app that has been downloaded more than 100 million times by Americans., outlaws business transactions between U.S. citizens and ByteDance, a move that the Trump administration says arose out of concern for national security. The order would effectively ban TikTok in the U.S and takes effect 45 days after it's signed, barring court intervention.
But Beijing has shied away from offering ByteDance the kind of full-throated defense it mounted after the Trump administration sanctioned another Chinese company last year — telecom giant Huawei, which China sees as integral to its technological ambitions., TikTok was ordered to sell off all of its U.S. assets to an American-based company within 90 days.
He said any structural changes underway for TikTok should not significantly affect TikTok employees or users.
Source: News Formal (newsformal.com)
Bullying
Why would NPR allow a foreign propaganda on its airwaves ? BBC should register as a foreign agent as did Chinese media in the US.
How much is he getting PAID?
NPR: Where the incompetent and inarticulate struggle to tell you what you already know. 'Um, it's sort of, kind of, um, like you know, sort of kind of' idiotic.
trump is still furious that his nazi rally in Tulsa was basically bum jugged by tiktok and k-pop stans, so this is revenge. Love the guy's photo too. Justin McFreeMarket caught in the headlights.
how about trump cut HIS ties with the chinese?
Ahhhh, the free market.
It's like a CEO trap shoot. These CEOs know they are only hired to take as many bullets as possible and then go away, hopefully taking some of the heat with them. It's a tried and true method.
the potus forcing companies to do what he wants somehow seems illegal.
Lol
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