#bytedance

#bytedance

Shou Zi Chew may be the CEO of Mark Zuckerberg's biggest competitor, TikTok, but at the start of his career, he worked for Zuckerberg as an intern at Facebook. The Singapore native earned an economics degree from University College London before getting his MBA at Harvard Business School, where during the summer he interned at an up-and-coming company: "It was called Facebook," Chew told Harvard's Business School alumni website.

US president Donald Trump said he plans to meet Chinese Premier Xi Jinping in South Korea next month following a phone call in which the Chinese leader also approved of a deal to take control of TikTok's US operations. Trump wrote on Truth Social the call was "productive" and the approval was "appreciated", adding that he would travel to China next year after the two meet.

The United States and China have reached a framework agreement to transfer TikTok's ownership to US control. Officials from both countries made the announcement on Monday. list of 4 itemsend of list The short-form video app was set to be banned in the US by Wednesday if its owner ByteDance did not agree to sell the company to a US-based operation or if the US did not extend a pause of the ban, which the White House has already done three times, most recently in June.