Saturday, November 26, 2022
HomeDigit NewsThe Register: American Oracle has collected data from five billion users and...

The Register: American Oracle has collected data from five billion users and earns $ 42 billion a year from their sale

According to The Register, the American company Oracle was accused of selling the data of five billion users around the world. A class action lawsuit filed by Irish Civil Liberties Council member Johnny Ryan alleges that the tech giant has built a network of hundreds of millions of people’s personal information and is already selling that data to third parties. The lawsuit was filed in the US District Court for the Northern District of California.

According to the document, Oracle has collected detailed dossiers on five billion people. Ryan estimates that selling the information from this dossier generates $42.4 billion in annual revenue for the company.

According to The Register, some of the data for the lawsuit comes from a 2016 Oracle presentation in which CTO and founder Larry Ellison described the collection of personal data. The lawsuit states that Oracle’s dossier includes names, home addresses, emails, online and in-store purchases, geolocation data, income, interests, and political opinions.

- Advertisement -
MOBILE

- Advertisment -

- Advertisment -spot_imgspot_imgspot_img

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News

spot_img