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Facebook drops opposition to consumer-privacy measure in California

Facebook Inc. FB, +0.78% is shedding its public opposition to a proposed consumer-privacy law in California, the social-media giant mentioned in a remark overdue Wednesday. Backers hope to get the California Consumer Privacy Act at the state's November ballot. Among other issues, the ballot measure would permit shoppers to dam tech giants from promoting their personal knowledge. The transfer comes after Facebook CEO Mark Zuckerberg finished his 2d day of questioning on Capitol Hill, the place he was grilled via lawmakers about person privacy, political speech and more. The ballot measure is still antagonistic via four primary companies: Alphabet Inc.'s GOOGL, -1.10% Google, Comcast Corp. CMCSA, -0.89% AT&T Inc. T, -1.56% and Verizon Corp. VZ, -1.43% as well as the California Chamber of Commerce.