He will be replaced by U.S. General Manager Vanessa Pappas on an interim basis, TikTok said in a statement. Mayer was Walt Disney Co's top streaming executive before becoming chief executive officer of TikTok and chief operating officer of parent ByteDance on June 1. But Mayer represented TikTok to discuss with senior executives of interested buyers just days ago, a third person said. Trump issued an executive order banning U.S. transactions with TikTok on Aug. 6, effective in mid-September. TikTok has become a global sensation since ByteDance launched the app in 2017, with operations in countries such as France, South Korea, Indonesia, Russia and Brazil.

Source: CBC News August 27, 2020 11:47 UTC