Silicon Valley is terrified of California’s privacy law
I see a lot of comments deriding this law, can someone explain to me why these are bad things?  Quoting from this article - https://techcrunch.com/2018/06/28/landmark-california-privac...- Businesses must disclose what information they collect, what business purpose they do so for and any third parties they share that data with.- Businesses would be required to comply with official consumer requests to delete that data.- Consumers can opt out of their data being sold, and businesses can’t retaliate by changing the price or level of service.- Businesses can, however, offer “financial incentives” for being allowed to collect data.- California authorities are empowered to fine companies for violations.I totally understand that this will impact a lot of tech companies' profits...but that's to be expected if you're making money selling people's data to third parties without their permission.