(Bloomberg) -- Erich Andersen, the US-based general counsel for TikTok and its Chinese parent company ByteDance Ltd., is stepping down from that role, the social media app said.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—