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mahatmakanejeeves

(57,439 posts)
Thu Aug 27, 2020, 11:27 AM Aug 2020

TikTok CEO Resigns Amid US Pressure to Sell Video App

TikTok CEO Resigns Amid US Pressure to Sell Video App

His resignation follows President Donald Trump's order to ban TikTok unless its parent company, ByteDance, sells its U.S. operations to an American company within 90 days.

ASSOCIATED PRESS
PUBLISHED 27 AUGUST 2020

This article is republished here with permission from The Associated Press. This content is shared here because the topic may interest Snopes readers; it does not, however, represent the work of Snopes fact-checkers or editors.

HONG KONG (AP) — TikTok CEO Kevin Mayer resigned Thursday amid U.S. pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk.

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

His resignation follows President Donald Trump’s order to ban TikTok unless its parent company, ByteDance, sells its U.S. operations to an American company within 90 days.

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