Facebook says it will stop fighting a major California privacy initiative

Facebook will drop its opposition to a major California privacy initiative, backers of the initiative announced, just after Mark Zuckerberg finished a two-day grilling from congressional lawmakers.Facebook is stepping away from an organization fighting the measure
The proposed ballot measure, called the California Consumer Privacy Act, could come to a statewide vote in November. Under the act, businesses would be required to disclose what categories of data they’ve collected on users, if