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.

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

DAVOS, Switzerland (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.

TikTok was restored in the US after Trump (then the president-elect) said he would issue an executive order following his inauguration to extend the period before the law took effect. He signed that order Monday.

Report TRUMP FIRST 100 DAYS © AP PhotoTrump takes ‘America First’ to the world stage PRESIDENT TRUMP TOOK HIS “AMERICA FIRST” DOCTRINE to the world

The new US president is delivering a virtual address, one of the first major speeches of his presidency, and will take questions from business leaders after.

President’s Oval Office chat with Fox host covers everything from pardoning of January 6 defendants to the future of TikTok and Los Angeles wildfires

The blocking of TikTok came less than a month after a 14-year-old student was killed. Read more at straitstimes.com.

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.

As business titans and world leaders gathered Monday in Davos, Switzerland, for the opening of the annual World Economic Forum, all eyes were on President Donald Trump ’s taking power again in Washington.

Donald Trump said he would impose high tariffs and further sanctions on Russia if it continued its "ridiculous war".

U.S. billionaire Frank McCourt told Reuters at the Davos event on Thursday (January 23) that he 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.