Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S.  “It’s in everybody’s interest,” Ford said
A deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an event on Wednesday in Davos, Switzerland. Why it matters: General Atlantic is a major investor in TikTok's Chinese parent company,
General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its 170 million American users after a reprieve from the Trump administration, a board member of ByteDance was quoted by Chinese magazine Caixin as saying.
Among the investors since ByteDance's initial funding in 2012 include venture funds such as Sequoia Capital, Tiger Global Management, SoftBank, TCV, General Atlantic, Sky9 Capital, Hillhouse and Susquehanna Asia Investments.
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.
ByteDance’s substantial shareholder General Atlantic had its CEO Bilford said he was confident that an agreement can be reached to allow TikTok to stay in the US, and said there may be options that do not require divestment.
Under the deal being negotiated by the White House, TikTok’s China-based owner, ByteDance, would retain a stake in the company, but data collection and software updates would be overseen by Oracle, which already provides the foundation of TikTok’s Web infrastructure, one of the sources told Reuters.
Microsoft’s been linked with a TikTok buyout once again, but could China, ByteDance and the United States reach a more pragmatic solution?
TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday ... Ford is on the board of directors for ByteDance, Tiktok’s Chinese parent company. “We'll get on with it, as soon as maybe ...