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Some Prominent Tech Companies Are Paying Big Money To Kill a California Privacy Initiative (theverge.com)
An anonymous reader quotes a report from The Verge: As data-sharing scandals continue to mount, a new proposal in California offers a potential solution: the California Consumer Privacy Act would require companies to disclose the types of information they collect, like data used to target ads, and allow the public to opt out of having their information sold. Now, some of tech's most prominent companies are pouring millions of dollars into an effort to to kill the proposal.
In recent weeks, Amazon, Microsoft, and Uber have all made substantial contributions to a group campaigning against the initiative, according to state disclosure records. The $195,000 contributions from Amazon and Microsoft, as well as $50,000 from Uber, are only the latest: Facebook, Google, AT&T, and Verizon have each contributed $200,000 to block the measure, while other telecom and advertising groups have also poured money into the opposition group. After Mark Zuckerberg was grilled on privacy during congressional hearings, Facebook said it would no longer support the group. Google did not back down, and the more recent contributions suggest other companies will continue fighting the measure.
In recent weeks, Amazon, Microsoft, and Uber have all made substantial contributions to a group campaigning against the initiative, according to state disclosure records. The $195,000 contributions from Amazon and Microsoft, as well as $50,000 from Uber, are only the latest: Facebook, Google, AT&T, and Verizon have each contributed $200,000 to block the measure, while other telecom and advertising groups have also poured money into the opposition group. After Mark Zuckerberg was grilled on privacy during congressional hearings, Facebook said it would no longer support the group. Google did not back down, and the more recent contributions suggest other companies will continue fighting the measure.
The European law's pretty awful. It hurts small companies while leaving a mass of loopholes for the big guys to squirm through. Several games and software products shut down because they weren't set up to be able to delete all the information for a user on a moment's notice and didn't want to risk the crazy fines (which don't scale).
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This a ballot measure. The citizens decide.