TikTok CEO resigns amid US pressure to sell video app

Hong Kong: TikTok CEO Kevin Mayer resigned Thu. amidst US stress for its Chinese boss to sell the famous video footage application, that the White Home states is a security risk.

In a letter to employees, Mayer stated his own call to leave comes after the political environment has sharply turned .

His own resignation comes after US President Donald Trump instructed a ban on TikTok, unless parent firm Bytedance sells its US activities to an American firm in 90 days.

I’ve finished substantial reflection on what the corporate structural shifts going to require, & what it means for the global character I signed up for, he stated within the letter.

“Over this backdrop, & as we expect to approach a solution quite shortly, it’s with a heavy heart that I wanted to let you all really know that I’ve ruled to leave the firm.

Mayer, a previous Disney executive, joined TikTok as CEO in May.

We admire that the political dynamics of the last quite a few mos have significantly turned what the range of Kevin’s character would be going forward, & fully respect his own call. We appreciate him for his own time in the firm & wish him well, TikTok stated in an announcement.