How The NSA Is Hurting The Tech Sector -- Stephen L. Carter, Bloomberg
So let’s see if we can find the thread that connects some recent news from the technology world. Microsoft Corp. has agreed to let users of its forthcoming XBox One game system disable the “always on” motion-sensing camera that was previously described as a fully integrated component that couldn’t be turned off. Two companies that offer high-encryption e-mail services, Lavabit and Silent Circle, have announced they will cease providing it. Foreign firms interested in cloud computing, widely viewed as tech’s next profit machine, are seriously considering Asian and European providers instead of U.S. ones.
In each case, the decision was made after concerns were raised about security. And the concerns in question were about the security policies of the U.S. government.
Read more ....
My Comment: This report is an attempt to analyze what will be the dollar cost to the US tech industry for the NSA surveillance scandal. To put it bluntly .... if the numbers in this Bloomberg report are true .... these numbers will translate into a significant hit for the U.S. economy.
No comments:
Post a Comment