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TikTok appoints Adam Presser CEO of new U.S. joint venture to avoid ban, with data and content safeguards.
TikTok has named Adam Presser CEO of its new U.S.-based joint venture, established to comply with federal requirements and avoid a ban.
The deal, backed by investors including Oracle, Silver Lake, and MGX, includes data protections, algorithm security, and content moderation safeguards.
Presser, a Yale and Harvard graduate with prior leadership roles at Warner Bros and Ticketmaster, will lead U.S. operations from Los Angeles.
The structure ensures continued app access for American users under enhanced oversight.
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TikTok nombra a Adam Presser CEO de una nueva empresa conjunta en Estados Unidos para evitar la prohibición, con salvaguardas de datos y contenido.