*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).
The San Francisco-based company, which uses artificial intelligence to generate training materials for large companies, just received an investment from JPMorgan Chase. "When you go to work, that's where A.I.'s going to have the greatest impact. It's less artificial intelligence and more augmented intelligence," says Carson Kahn, Volley's CTO.
Sonny Singh, Bitpay’s chief commercial officer, believes digital currencies will have real transactional value by next year. “Last year was a little bit about hype,” he tells Cheddar. “I think next year is going to be the year of mass adoption.”
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Comcast announced Thursday it will focus on snapping up British broadcaster Sky, clearing the way for Disney to acquire Fox's film and TV studios, the networks FX and NatGeo, and its stake in Hulu. The deal, however, would make the streaming landscape "more fragmented," says Wall Street Journal reporter Keach Hagey.
Amazon Prime Day notched a record when members purchased more than 100 million products on the company-made shopping holiday. By and large, bigger retailers triumphed over smaller companies. The challenge for Amazon, though, according to Sucharita Kodali, retail analyst at Forrester, is how to offer more niche brands enough value that they don't opt instead to go direct-to-consumer.
Cigna CEO David Cordani is co-author of "The Courage To Go Forward," a new book that explores the unique impact of micro communities. Cordani hopes Cigna's recent acquisition of Express Scripts will localize healthcare networks and expand his consumer base.
The EU is hitting Google with a $5 billion fine over antitrust violations. The European Commission claims Google's Android operating system unfairly stifled competition.
Walmart is reportedly thinking of launching a streaming service. According to The Information, the retail giant is eyeing a cheaper alternative to Amazon and Netflix, which would cost just $8.
And we talk to Galia Benartzi, co-founder and head of business development at Bancor, which is the world's largest decentralized crypto exchange. Benartzi tells Cheddar how Bancor is hoping to eradicate poverty in parts of Kenya through a new token.
Walmart is reportedly developing a new streaming service that can rival competitors Netflix and Amazon. But the massive costs associated with might make it difficult to succeed. "This is a really hard business to get into," says The Information reporter Jessica Toonkel, who broke the story on Walmart's plans.
Europe is slapping the company with a massive fine for violating antitrust laws and eliminating competition by combining its search engine and apps as one Android operating system. Google was also fined $3 billion by the EU last year for manipulating search results.
The backlash from President Trump's meeting with Russia's Vladimir Putin continued well into Tuesday, with politicians from both sides of the aisle condemning Trump. During his meeting with Putin on Monday, Trump seemed to side with the Russian President over U.S. intelligence officials on the issue of Russian meddling in the 2016 election.
Shares of Netflix tumbled after the company reported lower-than-expected subscriber growth in its quarterly earnings report on Monday. The streaming giant also missed Wall Street estimates on revenue and earnings per share.
And Jonathan Trager, CEO of Group Elephant, joins Cheddar to talk about his organization's mission to stop the poaching of elephants and rhinos in South Africa.
