The TikTok deal’s real winner is Larry Ellison

As the dust settles on the saga of TikTok’s fate in the US, one company has emerged as a clear winner: Software-maker Oracle has, with help from the federal government, wrested TikTok’s cloud storage contract away from Google, and emerged with a 12.5% stake in the world’s hottest social media app. The deal offers a much-needed win for his company, which has struggled to make a dent in the cloud computing market while competing against heavyweights like Amazon, Microsoft, and Google.