Following Capitol Hearings, Facebook Drops Opposition to California Privacy Legislation
Fake new inquiry. File photo dated 03/11/15 of a woman using her phone under a Facebook logo, as the social network has told the Government's fake news inquiry it will expand its investigation into whether Russian agents attempted to influence the Brexit vote. Issue date: Wednesday January 17, 2018. In a letter to Damian Collins, chair of the Digital, Culture, Media and Sport (DCMS) Committee, Facebook's head of policy in the UK, Simon Milner, said the social media giant would now search for "clusters engaged in coordinated activity around the Brexit referendum" which appear to have originated in Russia. See PA story POLITICS Russia. Photo credit should read: Niall Carson/PA Wire URN:34504208
If approved, the ballot measure would enact a new law called the California Consumer Privacy Act, which aims to enforce more transparency over data stored by companies, and give consumers a way to opt out of companies selling their data. The measure, which is sponsored by local real estate developer Alastair Mactaggart, is on the November ballot in California.
It is being opposed by the California Chamber of Commerce. A campaign against the bill has gotten financial support from Facebook, Google, Comcast, AT&T and Verizon, with Facebook donating an initial $200,000. But on Wednesday afternoon, Facebook said that it was no longer going to back the opposition to the ballot measure.
See the full story here: http://variety.com/2018/digital/news/facebook-california-privacy-legislation-1202751054/