Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.

Pausing the enforcement of the TikTok ban was one of a slew of executive orders Trump signed on Monday.

General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S.  “It’s in everybody’s interest,” Ford said

President Donald Trump is obsessed with saving TikTok and one solution he and his people are weighing, bankers say, is the creation of a US sovereign wealth fund to buy the popular video-sharing app from the Chinese,

TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

United States President Donald Trump is seemingly using TikTok, a popular social media platform owned by Chinese tech company ByteDance, as a bargaining chip for Sino-US economic and trade relations, experts and market insiders said on Tuesday.

Billionaire Frank McCourt has expressed openness to partnering with other buyers for a bid to acquire TikTok's U.S. operations. Speaking at the World Economic Forum in Davos, McCourt emphasised that while financing is not a challenge,

President Donald Trump this week paused a ban on the app and said he has "the right to make a deal" to try to save it. Legal experts questioned whether he can override a federal law that bans it. And the app's China-based parent company appeared open to brokering an agreement.

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.

DAVOS, Switzerland (Reuters) -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.

The Chinese app went viral over the weekend for its lightning fast and sharp reasoning capabilities.