> Nick wrote: > This is the data of a private company operating in the US. I don't think the > government has any right to retrieve the data on the grounds they are using. > However should there have been an actual need to get it based on a crime > that has been committed, and this would be direct evidence of that crime, > then the government should be able to subpoena that info. >
Exactly, and only the data pertinent to that crime by that person. Heck, if they're just looking for stats why not question a random sampling of children? I'm sure the President would love to sign that executive order. > Of course, I think they crap about this devaluing Google is just that, crap. > If they really should have been worth that much money, then this type of > news shouldn't have affected their stock price, and if they come out on top, > the stock will go even higher. > Uh, what? You think it's a coincidence that Google's largest single drop came after this Justice Dept announcement? There's a few key reasons for the drop: 1.) If users stop using Google due to privacy fears their revenue drops like a rock. This risk needs to be priced in. 2.) If Google gets into a long protracted privacy fight that goes to the Supreme Court, this will cost Google billions. This risk needs to be priced in. 3.) If the gov't sets a precedent that it can retrieve "data" from any private company solely to gauge offense, then all tech stocks will be hit hard. This risk needs to be priced in. I can tell you for a fact that major holders of Google are dumping for the reason above. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:193836 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
