{"id":239690,"date":"2021-04-30T23:45:41","date_gmt":"2021-04-30T20:45:41","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/tiktok-taps-new-ceo-from-chinese-parent-firm\/"},"modified":"2021-04-30T23:45:41","modified_gmt":"2021-04-30T20:45:41","slug":"tiktok-taps-new-ceo-from-chinese-parent-firm","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/tiktok-taps-new-ceo-from-chinese-parent-firm\/","title":{"rendered":"#TikTok taps new CEO from Chinese parent firm"},"content":{"rendered":"

“#TikTok taps new CEO from Chinese parent firm<\/strong>”<\/p>\n

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\"TikTok
\n TikTok has a new top executive who will maintain his job at Chinese parent firm ByteDance
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The fast-growing video-sharing app<\/a> TikTok named a new top executive Friday who will keep his responsibilities at Chinese parent firm ByteDance.<\/p>\n

A statement said Shouzi Chew, ByteDance’s chief financial officer, will now also become CEO of TikTok.<\/p>\n

Vanessa Pappas, who has served as interim head, will formally take the role of TikTok chief operating officer, the company said, continuing with her current responsibilities.<\/p>\n

The announcement was described as a “strategic reorganization to optimize TikTok’s global teams and support the company’s unprecedented growth.”<\/p>\n

“The leadership team of Shou and Vanessa sets the stage for sustained growth,” said Yiming Zhang, founder and CEO of ByteDance.<\/p>\n

“Shou brings deep knowledge of the company and industry, having led a team that was among our earliest investors, and having worked in the technology<\/a> sector for a decade. He will add depth to the team, focusing on areas including corporate governance and long-term business initiatives.”<\/p>\n

The move comes after an effort by the administration of former president Donald Trump to ban TikTok in the United States or force a sale to an American-owned entity, over claims that the app could pose national security risks.<\/p>\n

At least one report said the Biden administration had abandoned the Trump effort, which aimed to sell TikTok to US tech giant Oracle and retail power WalMart.<\/p>\n

TikTok is believed to have some one billion users worldwide including more than 100 million in the United States, and is especially popular with young smartphone users.\n <\/p>\n\n

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TikTok Global to launch public offering, Chinese parent firm says\n <\/p><\/div>\n

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\n \u00a9 2021 AFP<\/p>\n

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Citation<\/strong>:
\n TikTok taps new CEO from Chinese parent firm (2021, April 30)
\n retrieved 30 April 2021
\n from https:\/\/techxplore.com\/news<\/a>\/2021-04-tiktok-ceo-chinese-parent-firm.html<\/p>\n

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