Friday, June 30, 2017

Why Does The U.S. Tech Industry Want To Do Business With Russia's Spy Service?

Police guard the FSB headquarters during an opposition protest in Moscow, Russia, on March 5, 2012. REUTERS/Mikhail Voskresensky/File Photo

Reuters: Despite hacking charges, U.S. tech industry fought to keep ties to Russia spy service

As U.S. officials investigated in January the FSB's alleged role in election cyber attacks, U.S. technology firms were quietly lobbying the government to soften a ban on dealing with the Russian spy agency, people with direct knowledge of the effort told Reuters.

New U.S. sanctions put in place by former President Barack Obama last December - part of a broad suite of actions taken in response to Russia's alleged meddling in the 2016 presidential election - had made it a crime for American companies to have any business relationship with the FSB, or Federal Security Service.

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WNU Editor: Sanctioning Russia's spy agency would mean sanctioning the entire country from all U.S. electronics. And while Russians do love their iPhones, these sanctions would only result in Russian consumers switching to Samsung and other non-U.S. products.

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