Apr 122018
 April 12, 2018  Posted by  Business, Laws

Janko Roettgers reports:

Facebook has decided to withdraw its opposition to a California ballot measure that is seeking to strengthen privacy protections for residents of the state, the company confirmed Wednesday. This commitment comes after two days of intense hearings over Facebook’s privacy practices on Capitol Hill.

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.

Read more on Variety.

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