Wednesday, May 29, 2019
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America's tech giants are fighting to change California's new privacy law: The world’s fifth largest economy, the state of California, will soon enforce strict new electronic privacy laws that give consumers vastly increased authority over the collection and use of their personal information. Starting January 1, California’s Consumer Privacy Act (CCPA), AB 375 of 2018, will require all state for-profit businesses to disclose to consumers upon request the specific pieces of their personal information it collects and the sources of that information. As the start date for the law looms, tech giants like Google (GOOG, GOOGL), Amazon (AMZN), Facebook (FB), Microsoft (MSFT), Uber (UBER), and Lyft (LYFT) are working to help push through amendments they say will make the law fairer to businesses.