U.S. Tech Companies to Lose More Than $35 Billion Due to NSA Spying

(The Daily Dot) – Patrick Howell O’Neill:

U.S. companies will likely lose more than $35 billion in foreign business as a result of the vast NSA-surveillance operations revealed by Edward Snowden, according to a new report from the Information Technology and Innovation Foundation (ITIF).

“Foreign customers are shunning U.S. companies,” the report asserts, causing American businesses to lose out on foreign contracts and pushing other countries to create protectionist policies that block American businesses out of foreign markets. …

dailydot…nsa-prism-fallout

NSA SIGDev bug

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: