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
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 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.
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.
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.
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.
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.
General Atlantic Chief Executive Officer Ford said Thursday in an interview with Bloomberg Television. The private equity firm holds a stake in ByteDance, TikTok’s parent firm. “We are ...
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.
Microsoft’s been linked with a TikTok buyout once again, but could China, ByteDance and the United States reach a more pragmatic solution?
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 ...