10.06.2015 - 10:04 [ The Wall Street Journal ]

U.S. Surveillance Backlash Could Cost Tech Companies More Than $35 Billion by 2016

Two years ago, the Information Technology and Innovation Foundation estimated that the revelations of widespread government surveillance by former defense contractor Edward Snowden could cost as much as $35 billion in lost sales and other expenses by 2016, as companies and governments opted not to buy IT products from U.S. companies.