ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. The Chinese company is looking at options for the social media app that could involve a change of control locally to ensure it complies with US legislation,

ByteDance’s substantial shareholder General Atlantic had its CEO Bilford said he was confident that an agreement can be reached to allow TikTok to stay in the US, and said there may be options that do not require divestment.

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.

TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.

TikTok’s parent company, ByteDance, is exploring options to maintain US operations without selling the platform, board member and General Atlantic CEO Bill Ford told Bloomberg.

As the U.S. government recognizes China's ByteDance's video platform TikTok as a national security threat and moves to ban its use, TikTok creators hold a press conference at the U.S. Capitol in Washington,

Donald Trump, who swore in as the 47th President of the United States, signed an executive order on Monday which delayed the law enforcing the TikTok ban by 75 days. The app was supposed to be shut down in the US on January 19.

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

ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.

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

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.