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.

General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok will soon reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said at an Axios event on the sidelines of the World Economic Forum in Davos,

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,

Within hours of his inauguration, President Donald Trump issued an executive order suspending the enforcement of a TikTok ban that had taken effect the previous day. The move tossed a lifeline to TikTok -- and its 170 million users in the United States.

President Donald Trump has directed his Justice Department to pause enforcement of the TikTok ban until early April