German intelligence to monitor overseas social networks

Germany's foreign intelligence agency plans to spend hundreds of millions of euros on surveillance technology designed to monitor foreign social networks, local media reported, citing a confidential document.

The Federal Intelligence Service (BND) will spend €28 million, in 2015 alone, on its Strategic Technical Initiative (SIT), the Sueddeutsche Zeitung newspaper reported.

According to a confidential report seen by the newspaper, the agency asked the Bundestag's Budget Committee for a total of €300 million ($375 million) for the SIT program between 2015 and 2020 .... http://rt.com