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Microsoft and Walmart could turn TikTok into an e-commerce platform for creators

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With the deadline for TikTok’s parent company ByteDance to sell the social media app to a US business quickly approaching on September 15, there have been some major developments related to a potential deal.

First off, TikTok CEO Kevin Mayer, who joined the company just over three months ago, has made the decision to step down. In a letter to the company’s employees obtained by The Financial Times, Mayer explained his reason for stepping down, saying:

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