Supposedly Microsoft, Google, Yahoo et al didn't know the NSA was hard wired into their servers. So did the NSA hack into the servers or are the companies lying?

So much for the "Privacy Policies" promoted on these websites.

You know this will cause a decrease in stock values.

(06-07-2013 10:30 AM)WMD Owl Wrote:  Supposedly Microsoft, Google, Yahoo et al didn't know the NSA was hard wired into their servers. So did the NSA hack into the servers or are the companies lying?

So much for the "Privacy Policies" promoted on these websites.

You know this will cause a decrease in stock values.

I'll take "lying" for $500 Alex.

(06-07-2013 11:33 AM)VA49er Wrote:  

(06-07-2013 10:30 AM)WMD Owl Wrote:  Supposedly Microsoft, Google, Yahoo et al didn't know the NSA was hard wired into their servers. So did the NSA hack into the servers or are the companies lying?

So much for the "Privacy Policies" promoted on these websites.

You know this will cause a decrease in stock values.

I'll take "lying" for $500 Alex.

I'm not sure. Those companies don't have a great track record when it comes to privacy, but we know the gov't isn't above doing it (and lying about it).

When will the Tech stocks drop?

Not anytime soon. Companies laid off all those people in 2008 and are turning profits despite not hiring them back. Add that to the risk free money Helicopter Ben is printing for all the big banks and why would company value go anywhere but up? Stock market is just a comprehensive look at the value of mostly large, public companies. It is not a barometer of how small businesses, LLCs, and the vast majority of Americans that work for them (or are not working) are doing.