TikTok CEO Kevin Mayer has decided to leave the company, less then three months after joining TikTok from his previous role at Disney, reports NBC News.
In a letter from Mayer obtained by NBC News, Mayer said, “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.”
The news follows the Trump administration’s recent executive order, signed on Aug. 6, which states that TikTok must be sold by Sept. 15 or the app could be banned in the United States. TikTok is owned by Beijing-based company ByteDance. Though the U.S. administration has stated that TikTok’s connection to China makes it a threat to national security, TikTok has stated its U.S. user data is stored within the United States, with a backup in Singapore.
On Monday (Aug. 24), TikTok sued the U.S. government, claiming it was withheld due process. Meanwhile, Microsoft and Oracle are competing to acquire TikTok from its parent company.
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