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General Atlantic CEO says he is optimistic on TikTok deal in the US
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General Atlantic CEO says he is optimistic on TikTok deal in the US
Jan 23, 2025 3:44 AM

DAVOS, Switzerland, Jan 23 (Reuters) - 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.

New U.S. President Donald Trump signed an executive order on

Monday seeking to delay by 75 days the enforcement of a ban of

TikTok. The app in the U.S. was slated to be shuttered on Jan.

19.

"The objective is for TikTok to continue operating," General

Atlantic CEO Bill Ford said during a panel debate at the World

Economic Forum in Davos. "I have a sense of optimism that we can

meet U.S. security needs and not sell the company."

General Atlantic is also an investor in TikTok's parent

company.

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