•   
  •   
  •   

Technology New TikTok CEO is Chinese parent company ByteDance CFO Chew

19:00  30 april  2021
19:00  30 april  2021 Source:   ap.org

A Beginner’s Guide To Getting Started On TikTok

A Beginner’s Guide To Getting Started On TikTok TikTok’s popularity is accelerating fast, which is remarkable given just how popular it already is. In 2021, TikTok’s active user count is predicted to hit 1.2 billion users, which is over an eighth of the population. Combine that with ByteDance’s recent hiring spree, which hints at a significant expansion, and you’re looking at an app that is showing absolutely no signs of slowing down

Video app TikTok said Friday that its new CEO is Shouzi Chew, the new CFO of its Chinese parent company, ByteDance.

FILE - This Sept. 28, 2020 file photo, shows a view of the TikTok app logo, in Tokyo. TikTok said Friday, April 30, 2021, that its new CEO is Shouzi Chew, the new CFO of its Chinese parent company, ByteDance. He is based in Singapore, where TikTok has an office.  (AP Photo/Kiichiro Sato, File) © Provided by Associated Press FILE - This Sept. 28, 2020 file photo, shows a view of the TikTok app logo, in Tokyo. TikTok said Friday, April 30, 2021, that its new CEO is Shouzi Chew, the new CFO of its Chinese parent company, ByteDance. He is based in Singapore, where TikTok has an office. (AP Photo/Kiichiro Sato, File)

He is based in Singapore, where TikTok has an office.

Vanessa Pappas, based in Los Angeles, has been interim head of TikTok since Kevin Mayer, a former top Disney executive who lasted just a few months in the role as head of TikTok, resigned in August 2020.

Oracle’s Years-Long Washington Offense Ends in Trio of Defeats

  Oracle’s Years-Long Washington Offense Ends in Trio of Defeats Oracle Corp. Executive Chairman Larry Ellison has spent the better part of a decade waging battle in U.S. courts and forging political alliances in Washington to win lucrative business and thwart adversaries.It’s all part of a high-stakes gamble to revive Oracle’s anemic revenue growth, which has averaged about 1% a year since 2012, and regain relevance in the face of a widening phalanx of upstarts eroding the company’s dominance in the business software market. © Bloomberg Key Speakers At Oracle OpenWorld 2018 Conference Larry Ellison Photographer: David Paul Morris/BloombergEllison’s effort suffered a stinging setback last week when the U.S.

Pappas will become COO.

Chew became ByteDance CFO in March. He had previously been a top executive for Chinese smartphone maker Xiaomi, which went public in 2018.

TikTok’s app features short videos, many with music and dancing, made by its users that has become a favorite of younger people. Research firm eMarketer predicts that TikTok will have 73 million U.S. users this year.

TikTok had named a U.S.-based CEO last year — Mayer — amid scrutiny from President Donald Trump and his administration, which tried to ban the app based on vague national-security concerns and force a sale to Oracle and Walmart. The Biden administration has put these efforts on hold as it reviews national security threats posed by Chinese technology companies.

ByteDance CEO Yiming Zhang said in a statement that Chew will focus on “corporate governance and long-term business initiatives," while Pappas oversees manages the app's operations.

“We will continue building out our strong and deep management team as we set the stage for the next phase of TikTok’s success," Chew said.

Trump Organization CFO Allen Weisselberg worried about prosecutors getting his financial documents in 2018, ex-daughter-in-law says .
Jennifer Weisselberg says the executive struck an unusual rental agreement for her at a time when federal prosecutors were investigating Michael Cohen.In a series of interviews with Insider, Jennifer Weisselberg described in detail how the Trump Organization's chief financial officer, who is reportedly a target in the Manhattan District Attorney's investigation into the company, made an unusual housing arrangement for her as she divorced his son, Barry. The arrangement allowed Allen Weisselberg to act as a guarantor on an Upper West Side apartment without showing any proof of income, she said.

usr: 0
This is interesting!