Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

PA Images

TikTok CEO resigns amid US pressure to sell video app

Kevin Mayer only joined the company in May.

TIK TOK CEO Kevin Mayer has resigned amid US pressure for its Chinese owner ByteDance to sell the popular video app which the White House calls a security risk.

In a letter to employees, Mayer said his decision came after the “political environment has sharply changed”.

His resignation comes after US President Donald Trump ordered a ban on TikTok unless parent company ByteDance sold its US operations to an American company within 90 days.

“I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for,” Mayer said in the letter.

“Against this backdrop, and as we expect to reach a resolution very soon, it is with a heavy heart that I wanted to let you all know that I have decided to leave the company.”

2.55190074 Kevin Mayer, seen here during his time at Disney in 2015. Damian Dovarganes / AP Damian Dovarganes / AP / AP

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

TikTok said it respected Mayer’s decision.

“We appreciate that the political dynamics of the last few months have significantly changed what the scope of Kevin’s role would be going forward, and fully respect his decision,” the company said in a statement.

“We thank him for his time at the company and wish him well.”

Earlier this month, Trump ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat as the US heightens scrutiny of Chinese technology companies, citing concerns they may pose a threat to national security.

ByteDance is currently in talks with Microsoft for the US firm to buy TikTok’s US operations.

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Author
Nora Creamer
View 9 comments
Close
9 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds