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You’ve never owned software in your life. Everything you’ve ever purchased is a license to use software. Even when you had physical media. Even when you own a disc or a cartridge.
Even FOSS.
If a company wanted to revoke it, it would be illegal for you to use that physical media. Enforcing it would be pretty unrealistic, but they could sue you for copyright infringement if they revoked your license and then found out you used it anyway.
That’s complete bullshit:
Software I’ve written is owned by me.
Open-source licenses (F/LOSS) mostly cannot be revoked.
Public domain exists.
The notion that software is "licensed, not sold" is a LIE perpetrated by the copyright cartel. In factual reality, you DO OWN the copy of the software you buy, regardless of what some bullshit invalid EULA purports to say!