Kevin Mayer Exits As TikTok CEO; Disney Exec Joined Trump Slammed Video-Sharing App In May

wrote on Twitter Sunday, “Such an honor! Drudge is down 40% plus since he became Fake News. Most importantly, he’s bleeding profusely, and is no longer “hot”.

Todd Spangler NY Digital EditorOracle could become the “technology provider” for TikTok under a deal reached with China’s ByteDance, Oracle said Monday, under a Trump administration order forcing the divestiture of TikTok U.S. assets.The software company’s official confirmation comes after Treasury Secretary Steve Mnuchin said in an interview with CNBC Monday that the U.S.

A vintage promotional video for “Ghostbusters” has recently surfaced, with stars Dan Aykroyd and Bill Murray offering a hilarious reminder of why the 1983 comedy remains a screen classic.

Ted Johnson The Atlantic’s bombshell story that Donald Trump made disparaging comments about American soldiers triggered a day-long guessing game and debate over the piece’s anonymous sources.Trump himself joined in, telling reporters that “it could have been a guy like” his former chief of staff, John Kelly, even as the White House spent much of the day attacking The Atlantic and insisting that its story was false.

When Kevin Mayer left his big job running Disney’s direct-to-consumer streaming business in mid-May, it was because he had an even bigger job to look forward to: one that would involve running fast-growing social video app TikTok while serving as COO of its $100 billion parent company, ByteDance. But during his first three months as TikTok CEO, the app became a pawn in President Trump’s battle with China.

LinkedIn and is already sharing “pearls of wisdom” with his community on there.Steve Coogan’s national treasure character has signed up to the professional networking platform to coincide with the launch of his new podcast, From the Oasthouse: The Alan Partridge Podcast.Partridge has already shared a first post on the platform, including advice on “ways to flex your creative muscles, tips for eye-catching business attire and out-of-the-box thinking.”Celebrating the new member, Charlotte Davies,

Harry Belafonte is reacting to the doctored video released by a senior aide to Donald Trump.

Kevin Mayer has resigned as CEO of TikTok as the threat of a ban looms over the popular social media app. TikTok owner ByteDance tapped Mayer, the former chairman of Disney's direct-to-consumer business, in May of this year.

Dade Hayes Finance EditorWalmart stock is up more than 5% — a major move for the typically sleepy large-cap shares — on news that the retail giant is interested in teaming with Microsoft to make a bid for TikTok.Microsoft, along with Oracle and Twitter, has already been in the mix as a potential acquirer of the fast-growing social platform’s U.S. operations.Owned by ByteDance, a conglomerate founded by a Chinese entrepreneur, TikTok ran afoul of U.S.

Todd Spangler NY Digital EditorNeedless to say, this isn’t how Kevin Mayer expected his bold career move to go.Mayer, after just three months on the job as TikTok’s CEO and chief operating officer of Chinese parent company ByteDance, said Wednesday that he is resigning amid the tumultuous geopolitical climate battering TikTok — led by Donald Trump’s anti-China agenda — which ultimately will force ByteDance to sell the TikTok app business in the U.S. (and likely other countries).

The Financial Times quoted an excerpt from the letter that 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.”He added: “I understand that the role that I

TikTok is going through another major shakeup.

Jordan Moreau Kevin Mayer has stepped down as CEO of TikTok, just months after taking the job and after recent pressure by President Trump over the app’s security, Variety has confirmed.Mayer sent a letter to TikTok and ByteDance employees on Wednesday night, announcing his decision.“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.

filed a lawsuit against the Trump administration on Monday over the executive order, saying in court papers that it attempted in “good faith” for a year to share information on its data privacy practices with the U.S.

Alexandra Del Rosario Associate Editor/Nights & WeekendsTikTok has taken its stance in the cyber clash against Donald Trump with plans to sue the president and his administration.On Saturday, the app, owned by China’s ByteDance, told The Wall Street Journal that it is preparing to issue a lawsuit against the Trump administration for its inability to follow due process.“For nearly a year we have sought to engage in good faith to provide a constructive solution,” a TikTok rep told WSJ.