John, can the promise of less NSA spying help the U.S. networking technology industry regain lost trust?

"President Barack Obama announced a ban on U.S. eavesdropping on the leaders of close friends and allies on Friday, and rein in the vast collection of Americans' phone data in a series of reforms triggered by Edward Snowden's revelations." via http://reut.rs/1dsb6nY

What's your assessment, were these assurances enough to change the negative perception, particularly in Europe? Should the American networking technology sector, collectively as a group, request more substantive measures?

Frankly, I'm not convinced that President Obama's statement goes far enough to renew the confidence in American ICT products.