I remember tweeting several months back about the negative fallout of the drip drip of the Snowden revelations on cloud companies and even on the routing of data traffic (why is it so difficult to find something you’ve written in social media?). In my interactions with industry people across Asia, I could sense the unease of entrusting anything valuable to American companies. But now it seems to have percolated up to the top:
But protests from business executives, who told Mr. Obama last week at a White House meeting that they feared the N.S.A. revelations would lead to billions of dollars in lost business in Europe and Asia — and angry responses to the revelations that the United States was monitoring the cellphone of Chancellor Angela Merkel of Germany — have forced a rethinking inside the White House.