Coronavirus cancellations of tech industry events cost $500 million at least
As the novel coronavirus continues to take a human and economic toll across the world, the lucrative business of tech conferences is not immune.
The direct economic loss from the cancellation from eight major tech conferences including Google I/O, Facebook’s F8 event, and Mobile World Congress over coronavirus has already reached $666 million, according to estimates the data intelligence company PredictHQ pulled for Recode.