Can Commercial Storage Services Handle the NSA's Metadata?

itwbennett writes "In a review of NSA surveillance last month, President Obama called for a new approach on telephony metadata that will 'establish a mechanism that preserves the capabilities we need without the government holding this bulk metadata.' Obama said that a third party holding all the data in a single, consolidated database would be essentially doing what is a government function, and may not increase public confidence that its privacy is being protected. Now, an RFI (request for information) has been posted to get information on U.S. industry's commercially available capabilities, so that the government can investigate alternative approaches."