June 20, 2024

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Passion For Business

TikTok chief Kevin Mayer quits in wake of Trump ban threat

Earlier this month, the US president signed an govt order to block TikTok if ByteDance did not close the app’s US functions by the center of September. A week later on, he issued an additional order supplying ByteDance 90 days to entire the offer.

In June, the corporation was also on the acquiring close of a ban from the Indian government after it blocked 59 Chinese apps pursuing a border clash between India and China.

Mayer wrote to the Indian government declaring Beijing had never asked for consumer knowledge, nor would TikTok transform it more than if questioned.

ByteDance has been in talks to provide TikTok’s North American, Australian and New Zealand functions, which could be worthy of $25bn (£18.9bn), to corporations which include Microsoft Corp and Oracle, Reuters described.

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

TikTok stated: “We enjoy that the political dynamics of the final number of months have significantly improved what the scope of Kevin’s part would be heading ahead, and completely regard his determination. We thank him for his time at the corporation and wish him well.”