mo4ch:>Big Tech companies cancel conventions over coronavirus fears, but small business hurt the most | Mo4ch News

Small businesses catering to conventions and trade shows are feeling the pinch as major technology companies are canceling or postponing their event plans due to fears of the rapidly spreading coronavirus.Over a dozen Big Tech organizations have either postponed, canceled, or changed their conventions to web-based events, according to ZDNet.Facebook canceled its F8 developers conference that was scheduled to take place in May in San Jose, California. Google is turning its San Francisco-based Cloud Next convention into an online-only event and is cancelling Google I/O, the biggest developer conference, also scheduled for May. Also on rt.comFrom clothes to condoms: Coronavirus is threatening global consumption in ways you never knew were possibleBoth Facebook and Twitter have pulled out of the SXSW interactive media convention in Austin, Texas over health concerns.The trade show industry in the US accounts for over $1 trillion of direct spending for things like renting the venue, paying…