(NEXSTAR) – Oracle has agreed to pay out $115 million to settle claims it tracked people's online and offline activity, then violated privacy by selling the information to third parties.

Oracle is one of the largest tech companies in the U.S., but people may not be as familiar with its softwares because a lot of their work happens behind the scenes. Banks use Oracle software to manage databases of their customers and customers' transactions, hospitals may use it to store patient records, and retail businesses use it for inventory and sales.

"In the course of functioning as a worldwide data broker, Oracle has created a network that tracks in real time and records indefinitely the personal information of hundreds of millions of people," the lawsuit alleges. The information allegedly shared includes online activity, like web browsing history, as well as offline activity, like........

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