President Obama throws tech companies under the bus

[Commentary] Within his surveillance speech, President Barack Obama effectively threw the US tech industry under the bus by reminding everyone companies in the private sector -- not the government -- collects its electronic information in the first place.

"Corporations of all shapes and sizes track what you buy, store and analyze our data, and use it for commercial purposes," the President said. "That's how those targeted ads pop up on your computer and your smartphone periodically." If a spate of data breaches and thousands of annoying pop-up ads weren't enough to discourage US consumers from sharing more data online, they now have an official warning from the top to remind them of its dangers.