Is NSA spying hurting business? The leaders of the biggest technology firms in the U.S. certainly think so. And so they weren’t shy about sharing their feelings with the Pres. Obama during a recent meeting at the White House. The Washington Post recently talked about this meeting. What’d they hear? Tech leaders say that NSA spying revelations are hurting the entire economy.
According to the Post’s story, tech leaders offered a unified message: The NSA spying revelations have caused many customers to shy away from U.S.-branded products. That’s exactly what one executive from Cisco Systems said during the meeting. Other tech leaders — including those from IBM and Verizon — stated that NSA spying headlines have resulted in angry shareholders.
According to the Post, the tech companies told the president that there should be limits on the level of spying that the government does. In addition they requested more transparency in how the NSA operates.
The Post story stated that Obama told the tech companies that he understood their concerns and that he would keep them in mind as the White House completed its review of NSA surveillance programs. Tech companies are vital to the U.S. economy. They’ve largely led the country’s slow but steady economic recovery. It seems sensible, then, for the White House to do what it can to keep these firms content.
Posted on: 02.19.14