IN the United States of America, Trump administration has given a 90-day deadline to ByteDance, its Chinese owner, to sell its assets to a US company or shut shop. Microsoft, Oracle and a group including Twitter, are in negotiations with ByteDance for buying TikTok’s US business that also includes Canada, Australia and New Zealand. ByteDance is valued between $100-200 billion, with its US business alone estimated to be in the range of $20-50 billion.