Paris – The arrival of French billionaire entrepreneur Xavier Niel to the board of administrators of the Chinese language group ByteDance, proprietor of TikTok, was introduced on Monday by the video platform to AFP.
The ByteDance platform is intently monitored within the European Union, the place it has completely eliminated a perform from its TikTok Lite utility that rewarded video viewing, following the opening of an investigation by Brussels into “critical dangers to the psychological well being of customers.”
“We’re delighted that Xavier Niel is becoming a member of our board of administrators and that we are able to rely on his recommendation, his opinions and his imaginative and prescient,” mentioned a TikTok spokesperson, which has greater than a billion customers worldwide.
Xavier Niel joins a board of administrators led by the Chinese language CEO and co-founder of ByteDance, Rubo Liang, and consisting of 5 members, together with American businessmen Arthur Dantchik and William E. Ford in addition to Chinese language entrepreneur Neil Shen, as detailed on the group’s web site. (September 2, 2024)