TikTok Weighs Non-Sale Options, ByteDance’s Ford Says (1)

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, General Atlantic Chief Executive Officer Ford said Thursday in an interview with Bloomberg Television. The private equity firm holds a stake in ByteDance, TikTok’s parent firm.

“We are optimistic we will find a solution,” Ford said, speaking at the World Economic Forum in Davos. “There are a number of ...