BEIJING, May 28 — TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said. The short video...
Thursday, 28 May 2020 08:34 PM MYT
The strategy is aimed not only at TikTok, which is not available in China, but all of ByteDance’s non-China focused businesses, the sources said. Such businesses also include units in India like social networking app Helo. The changes come at a time of heightened tension between the United States and China over trade, technology and the Covid-19 pandemic, as well as intense US regulatory scrutiny of TikTok, which has rapidly gained popularity around the globe and counts the United States as one of its biggest market.
Although the engineering team on the app have previously reported to managers in China, TikTok is in the process of recruiting a high-level executive to run the engineering department from the United States, according to two sources. It has approached a senior Google employee in recent months, one source said.Some of the engineers in China support TikTok as well as ByteDance’s Chinese social media app Douyin, the three sources said.
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