CURRENT AFFAIRS

Detailed explanation-1: -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.

Detailed explanation-2: -When Zhang announced his plans to step down as CEO in May, he said in a note to employees that he believed someone else can “better drive progress through areas like improved daily management.” “The truth is, I lack some of the skills that make an ideal manager, ” he said at that time.

Detailed explanation-3: -Mayer told CNBC that he had no interest in working under TikTok’s US buyers. He had planned to wait until the Oracle deal was announced to disclose his resignation, but things did not go as planned. “The guys at ByteDance and the board and I had discussions about it.

Detailed explanation-4: -BEIJING, Nov 3 (Reuters) - ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after saying in May he would step down as CEO, a person with direct knowledge of the matter told Reuters, in the latest shake up at the tech giant.

Detailed explanation-5: -TikTok CEO Shou Zi Chew will testify before the House Energy and Commerce Committee on March 23 about the app’s security and privacy practices and its ties to China through its parent company ByteDance, the panel’s chair announced.