The employer of a CEO reportedly seen in a viral "kiss cam" moment at a recent Coldplay concert says it is launching an investigation into the incident. Astronomer, a New York City-based data company, said in a statement Friday that a "formal investigation" has been launched by its board of directors.

Astronomer has officially confirmed that Andy Byron has stepped down as CEO after a clip went viral of him cuddling an employee at a Coldplay concert.

Andy Byron, the CEO of data operations firm Astronomer, has stepped down from his role following a viral incident that captured him sharing a seemingly intimate moment with a female colleague during a Coldplay concert in Boston.