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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
TechCoronavirus

Google cancels major Las Vegas conference over coronavirus concerns

By
Mark Bergen
Mark Bergen
,
Gerrit De Vynck
Gerrit De Vynck
, and
Bloomberg
Bloomberg
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By
Mark Bergen
Mark Bergen
,
Gerrit De Vynck
Gerrit De Vynck
, and
Bloomberg
Bloomberg
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February 28, 2020, 6:01 PM ET

Google canceled a major internal gathering over concerns about the spread of coronavirus, the latest in a wave of events and conferences being called off around the world.

The internet giant’s sales and marketing event was set to take place in Las Vegas in March, a Google spokesman said. “In light of the evolving coronavirus situation we made the decision to cancel an internal event that would have brought thousands of employees together from across two continents,” the spokesman said.

Companies and event organizers are scrapping large gatherings of people out of fear they could foster the spread of the respiratory virus known as Covid-19, which has killed more than 2,800 people and spread to 55 countries and territories. Switzerland has banned any gathering of more than 1,000 people; a massive trade fair in Berlin was canceled last-minute; and Facebook on Thursday called off its May event for developers. The Game Developers Conference, set to open March 16 in San Fransisco, is also at risk after Microsoft, Electronic Arts, and Sony all pulled out. Google’s biggest annual event—I/O—is still set for early May.

Google, a unit of Alphabet, also said on Friday that one of its employees had been diagnosed with the virus. The worker had spent time in the company’s Zurich office before showing symptoms, the spokesman said. The staffer contracted coronavirus after traveling to an affected area, according to an internal memo seen by Bloomberg News. Google will also ban employee travel to and from South Korea and Japan starting on Mar. 2, according to the memo.

The broader impact of the virus on Google’s business is unclear. The company’s advertising revenue could be affected by a general economic slowdown, particularly as the thousands of small businesses that buy ads on its websites have trouble importing products from China. The Google spokesman declined to comment beyond confirming the event cancellation.

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Catch up with Data Sheet, Fortune’s daily digest on the business of tech.

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