July 13, 2024

Paull Ank Ford

Business Think different

TikTok chief Kevin Mayer quits in wake of Trump ban threat

Earlier this month, the US president signed an government buy to block TikTok if ByteDance did not conclude the app’s US operations by the center of September. A 7 days later on, he issued a further buy providing ByteDance ninety times to complete the deal.

In June, the corporation was also on the getting conclude of a ban from the Indian government after it blocked 59 Chinese applications pursuing a border clash in between India and China.

Mayer wrote to the Indian government expressing Beijing had never asked for person data, nor would TikTok switch it more than if requested.

ByteDance has been in talks to provide TikTok’s North American, Australian and New Zealand operations, which could be really worth $25bn (£18.9bn), to organizations like Microsoft Corp and Oracle, Reuters claimed.

Mr Mayer only officially took up the purpose at TikTok on June 1. 

TikTok reported: “We appreciate that the political dynamics of the very last several months have significantly improved what the scope of Kevin’s purpose would be going forward, and entirely regard his conclusion. We thank him for his time at the corporation and would like him perfectly.”