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.

Beijing was steeling itself for a first-week assault from Donald Trump. That hasn’t happened — yet — so Chinese leaders are making nice and hoping to cut a deal.

More specifically, it concerns President Trump's Jan. 20 executive order advising the attorney general not to enforce the Protecting Americans from Foreign Adversary Controlled Applications Act. The effect of the executive order is to delay for 75 days the ban on TikTok that went into effect on Jan. 19.

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.