The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video app operating in the United States would be agreed.

By Nandita Bose, Dawn Chmielewski, Milana Vinn and Kanishka Singh ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.

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.

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.

President Trump's executive order pausing the TikTok ban for 75 days might not protect the app's technology partners from $850 billion in fines.

General Atlantic CEO Says He Is Optimistic on TikTok Deal in the US DAVOS, Switzerland (Reuters) - The CEO of investment firm General Atlantic, a board member of TikTok's parent company ...

DAVOS, Switzerland (Reuters) - The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video ...

U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days. "I have spoken to many people about TikTok and there is great interest in TikTok," Trump told reporters on Air Force One during a flight to Florida.

ABOARD AIR FORCE ONE: US President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app’s future in the next 30 days.

Following TikTok's brief suspension in the U.S., users are reporting increased content moderation and restrictions on previously allowed activities. The app, which was reinstated under a new law mandating its sale to a U.

Trump has decided that the best course of action is to delay the shutdown of TikTok, despite the fact that he was one of the first to endorse a ban.