The good news today is Cisco’s new focus on the Internet of Things, which I have been reporting as the new Mega Global Market War. But frankly, the damage to U.S. companies like Cisco Systems by the NSA spying scandal has been catastrophic. Not only Cisco, but Google’s strategy to become a global Internet Service Provider, Yahoo, and Facebook are all affected.

U.S. National Security Agency global surveillance of virtually all Internet traffic has been devastating for Google’s international business. […]