NEW YORK ( TheStreet) - Recent disclosures that Google (GOOG) is passing along requested information to U.S. spy agencies is making big headlines. It's a problem without an easy solution, but these days, a necessary evil.
In this new, ultra-connected online world we live in spying has become high art and big business. We spy on everyone. Everyone spies on us. Do I like that? No. Will it end anytime soon? No. Will legislative oversight make a difference? I doubt it.
This week, David Drummond, Google's chief legal officer wrote to to U.S Attorney General Eric Holder and FBI boss Robert Mueller asking for permission to set the record straight - to let the world know that the U.S. government does not have complete access to all of Google's files. Google asked for permission to publish specific information in a "Transparency Report" outlining the number of Foreign Intelligence Surveillance Act (FISA) and other security requests they receive as well as the scope of those requests.
The Department of Justice has acknowledged Google's letter but refused further comment.For its part, Google has historically complied with governmental requests. Now it has a PR problem. The company has asked the U.S. Justice Department for permission to make public what information has been requested and what has been submitted to the government. Many of these requests are to fulfill subpoenas from the super-secret court proceedings made under FISA. Google has been complying with FISA requests for years. Google has also been dealing with the super-secret spies at the National Security Agency (NSA) and the PRISM initiative. Under PRISM, the NSA collects and examines data it receives from Internet providers. Information such as the contents of emails, videos, online chats and Web searches.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV