TikTok named Shouzi Chew its new CEO, and Vanessa Pappas COO

TikTok named Shouzi Chew its new CEO, and Vanessa Pappas COO
Image: Rafael Henrique/SOPA Images/LightRocket via Getty Images

Shouzi Chew, the CFO of ByteDance, got a new job title on Friday: CEO of TikTok. Vanessa Pappas, who's been running the company on an interim basis since Kevin Mayer left only weeks into his tenure, will now be TikTok's COO.

"The leadership team of Shou and Vanessa sets the stage for sustained growth," ByteDance CEO Yiming Zhang said in a statement. "Shou brings deep knowledge of the company and industry, having led a team that was among our earliest investors, and having worked in the technology sector for a decade. He will add depth to the team, focusing on areas including corporate governance and long-term business initiatives."

Chew has only been at ByteDance since the end of March, after working as Xiaomi's CFO since 2015. He has plenty of experience that will be relevant to TikTok: He helped spearhead Xiaomi's massive IPO, and before that worked at DST Global, which is a significant and early investor in ByteDance.

He's based in Singapore, which gives TikTok an important global center outside of both China and the U.S. (Though he does serve as CFO of a Beijing-based company, so his home address may only go but so far.) And by all accounts, he's taking over the company at a much better moment than Kevin Mayer did in 2020. While it's theoretically still under the microscope of CFIUS and the White House, the top-down effort to ban TikTok or force its sale to a U.S. company seems to have at least stalled for now.

TikTok grew like wildfire during the pandemic, and appears unlikely to slow down: a recent Pew study found that 55% of Americans aged 18 to 24 use TikTok, and its effect on culture only continues to boom. Instead of taking over a company in chaos, Chew is now at the helm of an increasingly unstoppable entertainment force.

Hollywood averted its first streaming strike with an 11th-hour deal

IATSE's 60,000 members threatened to strike for better working conditions; at the core of the conflict was Hollywood's move to streaming.

60,000 Hollywood workers are set to go on strike this week.

Photo: Myung J. Chun/Los Angeles Times via Getty Images

The union representing 60,000 studio workers struck an agreement with major studios and production companies.

A last-minute agreement between the International Alliance of Theatrical Stage Employees (IATSE) and the Alliance of Motion Picture and Television Producers (AMPTP) helped avert a strike that would have shut down Hollywood: The two sides agreed on a new contract that includes pay raises as well as improved break schedules, Deadline reported Saturday evening.

Keep Reading Show less
Janko Roettgers

Janko Roettgers (@jank0) is a senior reporter at Protocol, reporting on the shifting power dynamics between tech, media, and entertainment, including the impact of new technologies. Previously, Janko was Variety's first-ever technology writer in San Francisco, where he covered big tech and emerging technologies. He has reported for Gigaom, Frankfurter Rundschau, Berliner Zeitung, and ORF, among others. He has written three books on consumer cord-cutting and online music and co-edited an anthology on internet subcultures. He lives with his family in Oakland.

The way we work has fundamentally changed. COVID-19 upended business dealings and office work processes, putting into hyperdrive a move towards digital collaboration platforms that allow teams to streamline processes and communicate from anywhere. According to the International Data Corporation, the revenue for worldwide collaboration applications increased 32.9 percent from 2019 to 2020, reaching $22.6 billion; it's expected to become a $50.7 billion industry by 2025.

"While consumers and early adopter businesses had widely embraced collaborative applications prior to the pandemic, the market saw five years' worth of new users in the first six months of 2020," said Wayne Kurtzman, research director of social and collaboration at IDC. "This has cemented collaboration, at least to some extent, for every business, large and small."

Keep Reading Show less
Kate Silver

Kate Silver is an award-winning reporter and editor with 15-plus years of journalism experience. Based in Chicago, she specializes in feature and business reporting. Kate's reporting has appeared in the Washington Post, The Chicago Tribune, The Atlantic's CityLab, Atlas Obscura, The Telegraph and many other outlets.

Protocol | Workplace

Instacart workers are on strike. How far can it get them?

Instacart activists want a nationwide strike to start today, but many workers are too afraid of the company and feel they can't afford a day off of work.

Gig workers protest in front of an Amazon facility in 2020.

Photo: Michael Nagle/Bloomberg via Getty Images

Starting today, an Instacart organizing group is asking the app's gig workers to go on a nationwide strike to demand better payment structures, benefits and other changes to the way the company treats its workers — but if past strikes are any indication, most Instacart users probably won't even notice.

The majority of Instacart workers on forums like Reddit and Facebook appear either unaware of the planned strike or don't plan to participate because they are skeptical of its power, afraid of retaliation from the company or are too reliant on what they do make from the app to be able to afford to take even one day off of the platform. "Not unless someone is going to pay my bills," "It will never work, you will never be able to get every shopper to organize" and "Last time there was a 'strike' Instacart took away our quality bonus pay," are just a few of the comments Instacart shoppers have left in response to news of the strike.

Keep Reading Show less
Anna Kramer

Anna Kramer is a reporter at Protocol (Twitter: @ anna_c_kramer, email: akramer@protocol.com), where she writes about labor and workplace issues. Prior to joining the team, she covered tech and small business for the San Francisco Chronicle and privacy for Bloomberg Law. She is a recent graduate of Brown University, where she studied International Relations and Arabic and wrote her senior thesis about surveillance tools and technological development in the Middle East.

Protocol | China

WeChat promises to stop accessing users’ photo albums amid public outcry

A tech blogger claimed that popular Chinese apps snoop around users' photo libraries, provoking heightened public concerns over privacy.

A survey launched by Sina Tech shows 94% of the some 30,000 responding users said they are not comfortable with apps reading their photo libraries just to allow them to share images faster in chats.

Photo: S3studio via Getty Images

A Chinese tech blogger dropped a bombshell last Friday, claiming on Chinese media that he found that several popular Chinese apps, including the Tencent-owned chat apps WeChat and QQ, as well as the Alibaba-owned ecommerce app Taobao, frequently access iPhone users' photo albums in the background even when those apps are not in use.

The original Weibo post from the tech blogger, using the handle of @Hackl0us, provoked intense debates about user privacy on the Chinese internet and consequently prompted WeChat to announce that it would stop fetching users' photo album data in the background.

Keep Reading Show less
Shen Lu

Shen Lu is a reporter with Protocol | China. Her writing has appeared in Foreign Policy, The New York Times and POLITICO, among other publications. She can be reached at shenlu@protocol.com.

Protocol | Enterprise

As businesses struggle with data, enterprise tech is cleaning up

Enterprise tech's vision of "big data" largely fell flat inside silos. But now, an army of providers think they've figured out the problems. And customers and investors are taking note.

Corporate data tends to settle in silos that makes it harder to understand the bigger picture. Enterprise tech vendors smell a lucrative opportunity.

Photo: Jim Witkowski/Unsplash

Data isn't the new oil; it's the new gold. And in any gold rush, the ones who make the most money in the long run are the tool makers and suppliers.

Enterprise tech vendors have long peddled a vision of corporate America centered around so-called "big data." But there was a big problem: Many of those projects failed to produce a return. An army of new providers think they've finally figured out the problem, and investors and customers are taking note.

Keep Reading Show less
Joe Williams

Joe Williams is a senior reporter at Protocol covering enterprise software, including industry giants like Salesforce, Microsoft, IBM and Oracle. He previously covered emerging technology for Business Insider. Joe can be reached at JWilliams@Protocol.com. To share information confidentially, he can also be contacted on a non-work device via Signal (+1-309-265-6120) or JPW53189@protonmail.com.

Latest Stories