Oracle coughs up $115M to make privacy case go away
ID: be32b709-36f1-58e1-92ca-7d76f5de41a4
STIX ID: report--be32b709-36f1-58e1-92ca-7d76f5de41a4
Feed Name: The Register (Security)
Oracle will pay $115 million to settle a class action alleging misuse of user data in its ad tech/data brokering operations, agreeing to stop capturing certain electronic communications and to implement customer privacy compliance audits. The settlement follows a multi-year investigation and partial claim dismissals and aligns with Oracle’s move to exit its advertising business, marking a shift in its relationship with affected consumers.
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