Disney’s Mayer Becomes TikTok C.E.O.

LOS ANGELES — The Walt Disney Company’s top streaming executive, Kevin Mayer, resigned on Monday to become the chief executive of TikTok, the app for making and sharing short videos that has exploded in popularity during the coronavirus pandemic. Mr. Mayer, 58, will...

SoftBank in Crisis Amid Record Losses

TOKYO — His flagship tech fund is losing money. His company just posted billions in losses. And a key ally, the Chinese technology mogul Jack Ma, stepped aside. Yet Masayoshi Son, the exuberant chief executive of the Japanese conglomerate SoftBank, mustered another...