Furious Tech Giants Fight Back Against NSA Surveillance
By Justin Maiman, November 1, 2013
It's a million dollar tech headache...caused by the U.S. government.
The New York Times today writes about how companies like Google (GOOG) are spending millions to beef up encryption of their own internal data. Why? To keep the National Security Agency (NSA) from hacking "their systems without their knowledge or cooperation." Those first reports about NSA spying surfaced last June but the fallout continues.
And The Daily Ticker's Aaron Task points out the irony. "This is the government essentially circumventing whatever agreements they had with these companies and finding a loophole".