China-based parent company ByteDance is set to reach an agreement to keep TikTok accessible in the United States. At the same time, there may be other solutions besides the sale of assets, stated General Atlantic CEO Bill Ford,

ByteDance is exploring a deal to keep TikTok running in the United States without selling its operations there, according to board member Bill Ford.

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.

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

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.

ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.

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

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.

After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.