*By Mike Teich*
A sweeping data privacy bill has been approved in California, but it may be too late for internet users to protect their information, said former National Counterterrorism Center officer Dave White.
"You have to consider yourself compromised," he said. "You’ve already given your data away."
Experts are calling it the nation's most far-reaching law to give consumers more control over their personal data. Under the law, customers can request what personal data companies have collected and what third parties have received it.
The passing of the historical bill didn't come without criticism. The ACLU of Northern California said the legislation falls "woefully short" in defending individuals' rights.
"It's a great first step," White said. However, “it doesn’t go far enough."
Companies that collect user data, from Amazon to Microsoft to Uber, lobbied aggressively against the law, pouring millions into a [opposition campaigns](https://www.theverge.com/2018/6/15/17468292/amazon-microsoft-uber-california-consumer-privacy-act).
But consumer advocates called it a milestone victory. "Today was a [huge win](http://money.cnn.com/2018/06/28/technology/california-consumer-privacy-act/index.html) and gives consumer privacy advocates a blueprint for success," James P. Steyer, CEO and founder of Common Sense Media. "We look forward to working together with lawmakers across the nation to ensure robust data privacy protections for all Americans."
For full interview, [click here](https://cheddar.com/videos/california-passes-historic-privacy-bill).
Despite the stock market's recent volatility, especially within the tech sector, cloud-based software company Anaplan had a strong showing during its first day of public trading. Frank Calderoni, CEO of Anaplan, said the company's reputation is what is resonating with investors right now.
Tom Forte, senior research analyst at D.A. Davidson, said Turtle Beach, which makes the headsets so popular with gamers, benefits from the huge popularity of Fortnite and could be an acquisition target for Microsoft. Shares, while down from their highs of the year, are still up 1,000 percent this year.
Venture capitalist Jenny Gyllander wants to help people understand exactly what her industry is all about. So she started an Instagram account called Thingtester, which reviews products from both a consumer and investor standpoint.
The Dow Industrials came out of the gate roaring Friday morning, but by midday had given back 400 points worth of gains and turned negative. By 1 pm, though, the index was back up triple digits.
Genius, the online encyclopedia for lyrics, has struck a deal with Apple that will allow Apple Music subscribers to listen to a song and follow the lyrics side-by-side, all from the Genius website.
Stocks rebounded at the market open Friday after a massive two-day sell-off. The Dow Industrials shot up by 400 points.
On Thursday the Dow closed down more than 500 points, just one day after a 800 point drop. The tech-heavy Nasdaq briefly fell more than 10 percent from its all-time highs, as the market's "fear index" hit its highest level since February. Eugene Yashin, CEO and CIO at Signet Financial
Management, discusses what's causing the volatility.
Anne Mahlum isn't mincing words: her start-up is for sale. The founder and CEO of Solidcore, the latest boutique fitness studio with an NYC flagship, says she's expanding the business with an eye on a sale within five years.
The markets looked to recover from a major sell-off on Wednesday. The Dow closed down more than 800 points. The Florida Panhandle is reeling after Hurricane Michael tore through the region causing catastrophic damage. And Razer launched a handful of new products, including the Razer Phone 2, to make gaming more accessible. Kevin Allen joins Cheddar to explain what makes the products stand out in the gaming world.
Shopify, the Canadian e-commerce site, is finding its place offline opening its first retail space ever in Los Angeles. Satish Kanwar, VP of product at Shopify, said that the company's goal is always to make entrepreneurship more accessible.
Load More