Mayer, TikTok’s American CEO, has resigned after just three months in the job, citing the ongoing geopolitical tensions between the U.S. and China. “I understand that the role that I signed up for—including running TikTok globally—will look very different as a result of the U.S. Administration’s action to push for a sell off of the U.S. business,” Mayer wrote to employees. TikTok said it “fully” respects Mayer’s decision and wishes him well. (CNBC)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Twitter sued by two ex-employees in Ontario
Canada joins Biden’s new Americas Partnership for Economic Prosperity
Japan, Netherlands to limit exports of chip-making machinery to China
Shopify CTO to exit as Lütke takes over R&D
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.