TikTok's US Operations Acquired By Software Company Oracle

It’s official, Oracle has won the bid to take over TikTok‘s US operations.
The Wall Street Journal reports (via Deadline) that the software company beat out Microsoft with the winning bid.
The report adds that Oracle will be announced as the app’s “trusted tech partner”, but it’s not classified as a “sale”.
The site also notes that Oracle might have been the favored company to acquire the app, due to its founder, Larry Ellison, being a strong supp