Therese Poletti's Tech Tales: California vs. the U.S. has a new battleground: Tech regulation [MarketWatch]
MSCI Inc (MSCI)
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Source: MarketWatch
California vs. the U.S. has a new battleground: Tech regulation The federal government allowed technology companies to grow unchecked into dominant forces for the past decade. This year, amid a public backlash against Silicon Valley, politicians from both sides of the aisle have been attacking tech giants and their executives in congressional hearings and in the media, while proposing no solutions. California has jumped into that void with its own attempts to address three obvious issues with a tech industry that is largely powered from within its borders: Data privacy, equal access to the internet and gender imbalance at the director level. But the bills recently signed in the last legislative session under Democratic Gov. Jerry Brown, serving out his unprecedented fourth term decades after his first, are unlikely to actually be implemented without some legal challenges. The rebel state is no stranger to these fights with the feds, after passing sanctuary laws to protect undocumented
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