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January 1 2014

2014 preview: Private internet to beat the spooks


What's the price of loss of trust? We will find out in 2014 as the after-effects of the revelations about the spying campaigns on the world's internet and cellphone networks become apparent.

The financial costs are already mounting. The Information Technology and Innovation Foundation, a Washington DC think tank, reckons US firms could lose $35 billion in sales in the next two years because of fears over snooping by the US National Security Agency (NSA).

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