US not using intelligence to steal trade secrets: White House

Image
Press Trust of India Washington
Last Updated : Jan 16 2014 | 9:00 AM IST
The US has said that it does not use its intelligence capabilities to steal trade secrets of foreign companies, amid media reports that America uses radio waves to tap into computers around the world and monitor them.
The National Security Agency (NSA) operates under heavy oversight and is focused on discovering and developing intelligence about valid and foreign intelligence targets, such as terrorists, human traffickers, and drug smugglers White House Press Secretary Jay Carney said.
"They are not interested in the personal information about ordinary Americans, nor do they use foreign intelligence capabilities to steal the trade secrets of foreign companies on behalf of, or give intelligence that we collect to US companies to enhance their international competitiveness or increase their bottom line," Carney said.
The Press Secretary said the White House is in the final stages of wrapping up the administration's review of its intelligence programmes.
"As we've been saying, we're not going to discuss decisions and outcomes while the review is ongoing, and we wouldn't discuss observations or assessments by others about recommendations that the President himself is considering as he makes final decisions prior to his remarks at the Justice Department on Friday," he said.
Meanwhile The New York Times reported that Obama appears poised to reject many of the recommendations of his Review Group on Intelligence and Communications Technologies, a brain trust of five experts he handpicked to study US intelligence practices in the wake of disclosures by former NSA contractor Edward Snowden.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 16 2014 | 9:00 AM IST

Next Story