Chief Executive Kevin Mayer is leaving just three months after joining, in the middle of negotiations to sell the Chinese-owned video app's US operations to Microsoft Corp or Oracle Corp
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TikTok, which has 100 million users in the US, has filed a lawsuit against the Trump administration over an executive order banning any US transactions with its parent company ByteDance
Mayer told employees at TikTok and ByteDance, which controls the app, of his decision to leave on Thursday, people briefed about the matter said
TikTok has been banned by India along with 58 other Chinese-owned apps in July in response to escalating border tensions between the two countries
A deal price is unclear, though numbers have ranged from $20 billion to $50 billion depending on what parts of TikTok will be sold
TikTok says that just because its parent, ByteDance Ltd., is based in Beijing, that doesn't exclude the app from being fully protected by the Constitution just like any American company
In Rome for a meeting with his counterpart Luigi Di Maio, Wang told reporters that China's relations with the European Union are on a positive trend
Told Trump clampdown on such firms should be greater priority than reining in Facebook
VNG is accusing the Chinese-owned company of using audio tracks owned by Zing, a VNG subsidiary, without the company's consent, two sources familiar with the issue said
ByteDance has been in talks to divest TikTok's North America, Australia and New Zealand operations to potential acquirers, including Microsoft Corp and Oracle Corp
The suit, which was filed in the Federal District Court for the Central District of California, represents TikTok's most direct challenge to the White House
"We do not take suing the government lightly but with the Executive Order threatening to bring a ban on our US operations ... we simply have no choice," TikTok said
Facebook CEO Mark Zuckerberg raised concerns about TikTok with lawmakers in the US months before the Trump administration started portraying the platform as a threat to national security
Trump entered into a high-stakes trade war with China before reaching a partial Phase 1 trade deal in January
The complaint is being brought by the nonprofit US WeChat Users Alliance and several people who say they rely on the app for work, worship and staying in touch with relatives in China
TikTok is reportedly preparing to legally challenge by early next week the first executive order signed by US President Donald Trump to prohibit its owner ByteDance to do any business in the US
How many players are able to sustain user growth will only be clear with time. That said, it is quite likely some may find the right investors and loyal audience and make it in the long haul
With the exception of Mandarin language courses, tie-ups with Chinese institutions are likely to be discontinued
India has been banned TikTok but ByteDance Ltd, the Chinese company that owns the app, hasn't cut jobs