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TikTok CEO Kevin Mayer Quits Months Into the Job

Aug.27 — TikTok Chief Executive Officer Kevin Mayer has resigned just months after taking the helm of the viral short video app, stepping out of the crossfire as the Trump administration targets the business owned by China’s ByteDance Ltd. Alex Webb, a Bloomberg opinion columnist, has the details on “Bloomberg Surveillance.” The views expressed are…

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Aug.27 — TikTok Chief Executive Officer Kevin Mayer has resigned just months after taking the helm of the viral short video app, stepping out of the crossfire as the Trump administration targets the business owned by China’s ByteDance Ltd. Alex Webb, a Bloomberg opinion columnist, has the details on “Bloomberg Surveillance.” The views expressed are his own.

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18 Comments

18 Comments

  1. wlmarvin

    August 27, 2020 at 10:04 am

    first..​

  2. Techie Science

    August 27, 2020 at 10:08 am

    “Bloomberg Technology”, thank you for motivating me to start my own video creation.🙏🙏

    Its gud to do this stuff

    • AV6 !

      August 27, 2020 at 9:13 pm

      You said that to every you tube channel

  3. Techie Science

    August 27, 2020 at 10:09 am

    TikTok I think is in pretty bad place right now.
    Was a brilliant app though

  4. William Kim

    August 27, 2020 at 10:11 am

    TikTok brought me here:

  5. Andrew

    August 27, 2020 at 10:20 am

    This guy was never fit to be a CEO if he abandons ship when things get tough. Also, never looked like he really understood Gen Z to begin with. This is probably a really good thing for TikTok

    • Mike Moscato

      August 27, 2020 at 10:32 am

      He was not to be ,nowadays why would any Patriotic american be associated with the communists ? Oops wait I’m on bloomberg!🤣🤏👌

    • Faisal Feroz Khan

      August 27, 2020 at 10:46 am

      Tiktok is and always was an awful app that speeded up the process for children to get ADHD. It should go down.

    • Micro Tasker

      August 27, 2020 at 4:42 pm

      Andrew, I don’t know if you’ve been keeping up with the news, but TikTok is tied up in the corner, gagged, blindfolded and waiting to be shot. The CEO leaving is, if anything, damning.

  6. paul ferrer

    August 27, 2020 at 10:30 am

    Bye bye tik tok

  7. twes619

    August 27, 2020 at 10:33 am

    Pretty much cowardly. I hope he didn’t get a big payout.

  8. Luis Ayala

    August 27, 2020 at 10:39 am

    He thought he was going to be able to ride a gravy train 🤣

  9. Said Ali

    August 27, 2020 at 11:04 am

    Useless insecure app. It deserves to receive more exodus. Wise people avoid BS culture norms way before some governments ban them.

  10. Duran

    August 27, 2020 at 11:47 am

    I guess he is a trump supporter who grew upset after the company started suing trump administration 🤪

  11. eugenic eugene Oregon

    August 27, 2020 at 11:59 am

    Tiktok is the dajjal system in foster homes within the United nations and is very vague about how much of the world is going to die from coronavirus

  12. ECDCTECH

    August 27, 2020 at 1:24 pm

    I thought the CEO was a Chinese guy ?

    • Maurice White

      August 27, 2020 at 2:44 pm

      The owner is.. he is the ceo of America’s tiktok operations..

  13. EC Cw

    August 27, 2020 at 8:17 pm

    He’s running scared

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Intel Rebuffs Arm, China Tech Stocks Soar | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm,…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm, who supports the US AI efforts to expand, even with foreign investment.

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00:00:55 – Arm Rebuffed by Intel on Buying Unit
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00:35:47 – DirecTV, Dish Said Close to Merger Deal
00:39:46 – Lackluster Reception to iPhone 16
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Apple’s iPhone 16 Receives a Lackluster Reception

Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…

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Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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China Stocks Set for Best Week Since 2022

Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona…

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Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona Cincotta, City Index Senior Analyst joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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