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

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 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.

Supreme Court justices sounded skeptical of some of the free-speech arguments made Friday by TikTok, heightening pressure on the popular social media app as its Chinese parent faces a Jan. 19 deadline to divest the platform or face a US ban.

The leg up comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.6% and 0.3%, respectively. Oracle is benefiting from several executive orders signed by President Trump on his first day in office,

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,

The court instructed an appeals court to reconsider whether lurid evidence tainted the trial of Brenda Andrew, the only woman on Oklahoma’s death row.

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.

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 ...