SAN FRANCISCO — Kevin Mayer, the chief executive of the Chinese-owned video app TikTok, said on Wednesday that he was resigning after the company came under sustained pressure from the Trump administration over its ties to China. In a note to employees, which was reviewed by The New York Times, Mr. Mayer said that a series of changes to TikTok’s structure prompted him to leave. The app, which is owned by the Chinese internet company ByteDance, has been ordered by the White House to sell its U.S. operations by mid-September. Mr. Mayer, 58, did not address the specific timing of his departure. “In recent weeks, as the political environment has sharply changed, 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,” he wrote in the email.
Source: New York Times August 27, 2020 04:34 UTC