Wednesday 22 January 2014

Yahoo's Mayer Calls for Greater NSA Transparency - Wall Street Journal




Jan. 22, 2014 4:20 a.m. ET




Marissa Mayer, CEO of Yahoo, walks inside the Congress Center in Davos, Switzerland, on Tuesday. European Pressphoto Agency



DAVOS, Switzerland—Marissa Mayer, Yahoo Inc. YHOO +0.63% Yahoo! Inc. U.S.: Nasdaq $39.77 +0.25 +0.63% Jan. 22, 2014 10:20 am Volume (Delayed 15m) : 2.42M P/E Ratio 32.98 Market Cap $40.09 Billion Dividend Yield N/A Rev. per Employee $406,873 01/22/14 Morning MoneyBeat: Winners and... 01/22/14 Yahoo's Mayer Calls for Greate... 01/21/14 GoDaddy Eyes Software-Defined ... More quote details and news » YHOO in Your Value Your Change Short position 's chief executive, called on the Obama administration to provide greater transparency on the data collected by the U.S. National Security Agency.


"We need to be able to rebuild trust with our users, not only in the U.S. but internationally," said Ms. Mayer, who was on a panel with other tech CEOs at the World Economic Forum Annual Meeting at Davos.


She said that greater "transparency" would allow Yahoo to let users know which data the NSA is collecting.


"People don't know what data is being collected and how it is being used," said Ms. Mayer.


John Chambers, the chief executive of Cisco Systems Inc., CSCO -0.07% Cisco Systems Inc. U.S.: Nasdaq $22.81 -0.02 -0.07% Jan. 22, 2014 10:20 am Volume (Delayed 15m) : 3.85M P/E Ratio 12.37 Market Cap $122.06 Billion Dividend Yield 2.97% Rev. per Employee $650,455 01/17/14 Cisco Report: All Companies Sh... 01/13/14 Google To Buy Nest Labs for $3... 01/08/14 Consumer Electronics Show: A L... More quote details and news » CSCO in Your Value Your Change Short position called on governments to develop a common set of rules on privacy around the world.


"We need some rules of the road that everyone can work with," said Mr. Chambers. "It's been the 'Wild West' out there. "


Mr. Chambers called on government leaders around the world to come together to develop rules to guide companies and consumers.


Randall Stephenson, chairman and chief executive of AT&T Inc., said customers should have the ultimate call on their privacy.


"I don't think we as a society want 100% privacy. But I think the debate is right," Mr. Stephenson said.


Write to Rebecca Blumenstein at rebecca.blumenstein@wsj.com







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