Oracle Reaches $115 Million Consumer Privacy Settlement đź”’

Summary:

  1. Privacy Violation Accusations: Oracle agreed to a $115 million settlement over allegations that it invaded consumer privacy by collecting and selling personal information without consent, violating federal and state privacy laws, and California’s constitution.

  2. Unauthorized Data Collection: The lawsuit claimed Oracle created unauthorized “digital dossiers” on hundreds of millions of people, containing detailed data on online browsing, banking, shopping, dining, and credit card usage.

  3. Selling Personal Data: Oracle allegedly sold this information directly to marketers or through products like ID Graph, which the company claims helps marketers create personalized experiences for individuals.