Tiktok CEO resigns because of US pressure to sell the app

TIK TOK CEO Kevin Mayer has resigned due to the US pressure 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”.
This resignation comes after the US President, Mr. Donald Trump ordered a ban on TikTok unless parent company ByteDance sold its US operations to an American company within 90 days.
Mayer said in the letter, “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.”
“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.”
Kevin Mayer, the former Disney executive, joined TikTok as CEO in May. Moreover TikTok said it respected Mayer’s decision.



