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Oracle reaches consumer privacy settlement

Collected, sold customer information without consent, lawsuit alleges

By Jonathan Stempel
Reuters

..... Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and cloud computing company of invading people's privacy by collection their personal information and selling it to third parties.
..... A preliminary settlement of the proposed class action was field on Thursday [07/18/2024] night in San Francisco federal court, and requires a judge's approval. Oracle denied wrongdoing.
..... The plaintiffs, who otherwise have no connection to Oracle, said the company violated federal and state pliancy laws and California's digital dossiers" for hundreds of millions of people.
..... They said the dossiers contained data including where people browsed Online, and where they did their banking bought gas, dined out, shopped and used their credit cards.
..... Oracle then allegedly sold the information directly to marketeers or though products such as ID Graph.
..... The settlement covers people whose personal information Oracle collected or sold since August 19, 2018.
..... As part of the settlement, the Austin, Texas-based company agreed to not to gather user-generated information from URLs of previously visited websites, or text that users enter in Online from other than on Oracle's own websites.
..... Oracle did not immediately respond on Friday [07/19/2024] to requests for comment.
..... The named plaintiffs include privacy rights activist Michael Katz-Lacabe and Jennifer Golbeck, a University of Maryland professor specializing in social media and privacy.

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