The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video app operating in the United States would be agreed.

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.

Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.

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.

Tennis star Coco Gauff has mourned the loss of TikTok’s app back home. The 20-year-old from Florida wrote “RIP TikTok USA” on a TV camera lens and drew a broken heart right after winning a match at the Australian Open to reach the quarterfinals.

President Trump signed an executive order delaying the enforcement of the TikTok ban for 75 days and proposed that the U.S. should “own 50%” of the platform.

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 options "short of divestiture" on the table.

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.

In bid for 25th Grand Slam title, Novak Djokovic advances to face Carlos Alcaraz; Coco Gauff addresses TikTok ban after three-set win.

Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,

President Donald Trump has kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more. Trump can be expected to talk more about his economic agenda when he takes to the world stage -- speaking virtually to the World Economic Forum meeting in Davos, Switzerland.

US tennis star Coco Gauff mourned the suspension of TikTok in the US by writing "RIP TikTok USA" and drawing a broken heart on a TV camera lens after winning her match at the Australian Open on Sunday.