Google's Eric Schmidt said on Wednesday US online spying is a threat so dire it could wind up 'breaking the internet.' The discussion was about economic and regulatory backlash caused by a US spying scandal that has undermined trust in US internet firms ability or willingness to keep people's online communications private. Threats are already emerging as countries [eg Brazil] propose trade barriers disguised as regulations calling for internet companies to host data or services locally, instead of on servers in the United States, panelists said.First and foremost: NSA is not a "threat" to the net. NSA IS the net. Repeat, NSA IS the net. NSA invented the net.
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