Kevin Meyer resigns as CEO of TikTok after Donald Trump bashes Chinese Video Sharing app.
“In recent weeks, as the political climate has changed rapidly, I have given a critical reflection on what corporate structural changes are needed, and what this means for global character,”. “Against this background, and as we hope to reach a resolution very soon, I would like to tell you all that I have decided to leave the company.”
“We appreciate that the political dynamics over the past few months have drastically changed the scope of Kevin’s role and we fully respect his decision,” a TikTok spokeswoman said in a statement.
Tikotok hired the former Disney executive mayor four months ago. This action is designed to increase the app’s US credentials and stand up to US regulators.
However, since then, it has been on fire from the US government, and Trump has threatened to ban the app.