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TikTok selected the chief financial officer of its Chinese parent company to be its CEO.
The video sharing app, deemed a national security threat by the Trump administration, picked a leader, who, until last month, also held leadership positions in Chinese companies blacklisted by the United States over security concerns and Chinese military links.
Shouzi Chew, who already serves as the CFO of Beijing-based ByteDance, which owns TikTok, will simultaneously serve as the chief executive officer for TikTok, the company announced Friday, solidifying the influence of the Chinese parent company over the wildly popular social media app.