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TikTok CEO Resigns

Instagram Founder could become New TikTok CEO

Sourced from Cosmico TikTok is reportedly talking to founder and former CEO of Instagram, Kevin Systrom. This comes after Kevin Mayer resigned from his position as TikTok CEO amidst contention between the video-sharing platform and the Trump administration. If Systrom were to take up this position, he would be in direct competition with his former boss, Mark Zuckerburg, at Facebook. Instagram’s Kevin Systrom becoming TikTok’s CEO and crushing Reels would be the ultimate revenge for Zuckerberg stripping his autonomy. So spicy! pic.twitter.com/CrxzgfeltM — Josh Constine -SignalFire (@JoshConstine) September 17, 2020 The Financial Times reports that TikTok’s GM, Vanessa Pappas, has taken over the CEO role in the interim. /* custom css */ .tdi_3_551.td-a-rec-img{ text-align: left; ...

TikTok CEO Resigns

Image sourced from Evening Standard Kevin Mayer has resigned from his position as TikTok CEO amidst contention between the video-sharing platform and the Trump administration. The Financial Times reported that TikTok’s GM, Vanessa Pappas, will take over the CEO role in the interim. In an internal email, Mayer says “in recent weeks, as the political environment has sharply changed, 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.” In recent months, TikTok has been embroiled in a legal battle against US President Donald Trum...