ByteDance director says TikTok deal will get done

Catch up quick: President Trump signed an executive order giving ByteDance 75 more days to work out a change-of-control deal, as required by a law signed last year.

• As of Trump's order, ByteDance had not engaged in negotiations with any potential buyer, despite the pending ban.

What he's saying: "Yes," said Ford, when asked if a deal will get done. "It's in everybody's interest."

• "We'll get on with it, as soon as maybe the end of the week in terms of negotiating what might work ... The Chinese government, the U.S. government and the company and the board all have to be involved in this conversation."
• He added that there could be solutions "short of divestiture."

Zoom in: Ford also argued that the Biden administration is partially to blame for the situation reaching a boiling point, arguing that it wasn't "engaging with us on a real dialogue."

• At the same time, however, he acknowledged that President Trump tried banning TikTok in the waning days of his first term, before changing course during the recent campaign.

Go deeper: TikTok ban timeline