In a recent legal development, Oracle Corporation (NYSE:ORCL), a prominent player in the Software (ETR:SOWGn) industry with annual revenue of $54.93 billion, has emerged victorious in the Supreme Court of the State of Delaware.

The act aims to stop fraud and money laundering by requiring most U.S. businesses to disclose which owners control more than 25 percent of the stock or equity.

The Corporate Transparency Act, which requires businesses to disclose ownership information, was blocked by a federal judge as beyond Congress’s authority.

Trump said in a social-media post after the Supreme Court's ruling ... and Oracle Corp. (ORCL) as potential buyers, noting that some of those companies were previously interested in the social ...

The Supreme Court has revived a requirement that owners of millions of small businesses register with an arm of the Treasury Department under an anti-money laundering law.

Shares of Oracle (NYSE: ORCL) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.6% and 0.

This potential ban is being challenged by TikTok on First Amendment grounds, with the company referring to it as an "unprecedented censorship" for the over 170 million Americans who use the app. The Supreme Court's decision could have significant repercussions for stocks such as Meta (NASDAQ: META) and Oracle (NYSE: ORCL ), among others.

The United States Supreme Court on Friday ruled against TikTok's bid to avoid a ban that could shut the app down in just two days and impact millions of users who rely on the platform for entertainment,

Experts have indicated that common workarounds, such as VPNs, may not be effective due to the app's ability to detect user locations through geolocation data.

President Donald Trump said he is open to Elon Musk or Oracle (ORCL) Chairman Larry Ellison purchasing TikTok as part of a joint venture with

The U.S. Supreme Court ruled against TikTok on Friday in its challenge to a federal law that would have required the popular short-video app to be sold by its Chinese parent company ByteDance or banned in the United States on Jan.

The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively. Oracle is at the heart of Project Stargate, the new artificial intelligence (AI) initiative announced by President Trump on Tuesday.