I still feel this does very little, though. They need to be asking them for much more. They need to ask them to end the spying. Until then I'm still hoping Google, Microsoft, Facebook and others will suffer greatly for this abroad, and lose a ton of business and customers, both small and major.
Maybe then they'll start doing some real lobbying to the government to end the madness, and maybe the government will stop thinking all the spying is worth breaking all international relationships and hurting the US economy in the process.
Until that happens, if Google cares that much about encryption and their users' privacy, they should show me they are willing to implement OTR, ZRTP and PGP in their services. The same goes for Microsoft and Facebook. Otherwise, this press release means nothing except for showing that "they are doing something".