Wednesday, August 26, 2020

Leaked memo: TikTok CEO Kevin Mayer resigns after Trump threatened to ban app; Vanessa Pappas, currently general manager of TikTok, will become interim head (Financial Times)

Financial Times:
Leaked memo: TikTok CEO Kevin Mayer resigns after Trump threatened to ban app; Vanessa Pappas, currently general manager of TikTok, will become interim head  —  Former Disney executive resigns just months after appointment by Chinese video platform  —  Kevin Mayer has quit TikTok just months …



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Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., bo...