TECH INDUSTRY’S EVENTS ECONOMY SUFFERS LOSSES WORTH US $500 MILLION DUE TO COVID-19

Highlights:

• PredictHQ reported there was a 500% increase in cancellations and rescheduling of major events last month.
• The International Air Transport Association (IATA) estimates the deadly coronavirus outbreak may cost the industry another US $29 billion in revenue in the following weeks.

Several of the tech industry’s biggest events have either been postp....