IBM's display at a German trade fair. The company is spending $1.2 billion to build cloud computing centers around the world to lure foreign customers who are sensitive about the location of their data. Credit Fabrizio Bensch/Reuters
Revelations of N.S.A. Spying Cost U.S. Tech Companies -- New York Times
SAN FRANCISCO — Microsoft has lost customers, including the government of Brazil.
IBM is spending more than a billion dollars to build data centers overseas to reassure foreign customers that their information is safe from prying eyes in the United States government.
And tech companies abroad, from Europe to South America, say they are gaining customers that are shunning United States providers, suspicious because of the revelations by Edward J. Snowden that tied these providers to the National Security Agency’s vast surveillance program.
Even as Washington grapples with the diplomatic and political fallout of Mr. Snowden’s leaks, the more urgent issue, companies and analysts say, is economic. Technology executives, including Mark Zuckerberg of Facebook, raised the issue when they went to the White House on Friday for a meeting with President Obama.
Read more ....
My Comment: If anyone can develop a product that can circumvent NSA surveillance (and the intelligence organizations of other countries) .... that will be a money making service.
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