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Mass Surveillance Will Cost Tech Industry $35 Billion, Report Says

  • The Hill, Tuesday, June 9, 2015 2:45 PM

The U.S. tech industry could lose more than $35 billion by next year due to concerns about surveillance, according to the think tank Information Technology and Innovation Foundation says in a new report. The study's authors say that American companies have already lost contracts with foreignc ompanies due to privacy concerns.

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