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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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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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