Stanford University President John Hennessy says the Obama administration deserves an "F" for its handling of technology and cybersecurity issues at home and abroad.
On Tuesday, Hennessy, along with other Silicon Valley leaders, met at VMWare's headquarters for a "State of the State of Silicon Valley" panel moderated by CNBC "Fast Money" anchor Melissa Lee. The panel took place amid a volley of condemnations from the U.S. and China over cybersecurity breaches.
Earlier this month, the U.S. indicted five People's Liberation Army members for cyber-espionage crimes against U.S. companies that included U.S. Steel, Alcoa and SolarWorld. Chinese media reports later claimed that Cisco and IBM may be complying with the United States' own cyber-espionage program.