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.

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,

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

President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison purchasing TikTok.

Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.

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.

In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while his administration determines “the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown” of TikTok.

TikTok reportedly will shut down the app in the U.S. unless the Supreme Court halts a law banning the app unless ByteDance divests its stake.

Many people are listing iPhones with TikTok installed on eBay for thousands of dollars as the app remains absent on Google and Apple app stores.

The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.