Bill Ford, a member of the ByteDance board, stated at an event in Davos that a deal regarding TikTok is expected to be reached before the weekend to ensure that TikTok can continue to operate in the United States. General Atlantic is a major investor in ByteDance, and Ford is also a board member of ByteDance.

PANews reported on January 22 that according to Sina, Bill Ford, CEO of General Atlantic, said at an event in Davos, Switzerland on Wednesday that an agreement would be reached to ensure that TikTok can continue to be used in the United States. General Atlantic is a major investor in ByteDance and Ford is a member of ByteDance's board of directors.

ByteDance board member: TikTok deal expected to be reached this weekend