Silicon Valley Firms Want To Nix Calif. Internet Privacy Bill

An anonymous reader writes "Silicon Valley tech firms, banks and other powerful industries are mounting a quiet but forceful campaign to kill an Internet privacy bill that would give California consumers the right to know how their personal information is being used. A recent letter signed by 15 companies and trade groups — including TechAmerica, which represents Google, Facebook, Microsoft and other technology companies — demanded that the measure's author, Assemblywoman Bonnie Lowenthal, D-Long Beach, drop her bill. They complain it would open up businesses to an avalanche of requests from individuals as well as costly lawsuits."