TikTok CEO Kevin Mayer has left the company, less than three months after he joined the hit short-video app, and US GM Vanessa Pappas will replace him on an interim basis.
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Let’s be blunt. It makes no sense for Microsoft to buy TikTok. Even founder Bill Gates, who no longer has an active role, sees TikTok as a “poisoned chalice”. By Tim Culpan.
Facebook rolled out its own version of social media rival TikTok in more than 50 other countries on Wednesday, embedding a new short-form video service called Reels as a feature in Instragram.
At Wednesday’s antitrust hearing, Facebook CEO Mark Zuckerberg is set to tell the US congress his company is an American success story crucial in winning an Internet arms race against China. TikTok’s CEO is already striking back.
Walt Disney Co’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the CEO of TikTok, the popular video app owned by China’s ByteDance.