The Chinese social network TikTok is preparing to enter into an agreement that will allow the platform to function unhindered in the United States. About this reported general director of “GeneralAtlantic” Bill Ford during the World Economic Forum in Davos.
Ford emphasized that the conclusion of the agreement, which will ensure the continuation of TikTok’s operation in the United States, is in the interests of all parties involved.
He also noted that negotiations are likely to take place closer to the end of the week. Representatives of the US and Chinese governments, as well as the company’s management and board of directors, will participate in the process, according to the announcement.
GeneralAtlantic is one of the key investors in TikTok’s Chinese parent company, ByteDance, whose board of directors includes Bill Ford.
We will remind that on January 20, Donald Trump signed a decree, which provides for the postponement of the ban on the Chinese social network TikTok in the country for 75 days.
