A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok will soon reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said at an Axios event on the sidelines of the World Economic Forum in Davos,

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,

Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S.

US President Donald Trump has downplayed the threat of the social media app TikTok being used by the Chinese government to spy on users He says the app will "stay around" and that other products made in China could just as easily be used for spying Also on Wednesday,

TikTok could still not be downloaded from the Apple and Google app stores in the U.S, even after President Trump's executive order.

Within hours of his inauguration, President Donald Trump issued an executive order suspending the enforcement of a TikTok ban that had taken effect the previous day. The move tossed a lifeline to TikTok -- and its 170 million users in the United States.

Legal experts said despite Trump's order, service providers and app distributors such as Google and Apple still face major uncertainty and potential massive financial liability for defying a law that banned TikTok in the United States unless Chinese parent ByteDance divested the company by Jan.