Please ensure Javascript is enabled for purposes of website accessibility

Google Cancels Its Biggest Event of the Year Due to Coronavirus Epidemic

By Danny Vena – Mar 4, 2020 at 3:46PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

This is the latest in a growing list of tech big events that have been canceled.

Alphabet (GOOGL -0.01%) (GOOG 0.02%) subsidiary Google announced late yesterday that it was canceling its Google I/O developer conference that had been scheduled to take place in May. The company posted a statement on the event website that read in part, "Due to concerns around the coronavirus (COVID-19), and in accordance with health guidance from the CDC, WHO, and other health authorities, we have decided to cancel the physical Google I/O event." 

The annual conference for developers is Google's biggest event of the year, attracting more than 7,000 attendees in 2019. The keynote address is one of the highlights and has become a springboard for some of Google's biggest announcements. Previous big reveals included the introduction of Google Assistant and the debut of the Google Home smart speaker.

A crowded stadium with a man on stage.

Alphabet CEO Sundar Pichai onstage at Google I/O 2019. Image source: Google.

The company had already announced that Google Cloud Next 2020 in April would become a digital-only event, while maintaining the keynotes, breakout sessions, interactive learning, and digital "ask an expert" sessions that characterized previous live events. 

These are just the latest in a string of high-profile event cancellations and modifications within the tech industry in deference to the spread of COVID-19.

Earlier this week, Microsoft (MSFT -0.97%) said it would adopt a virtual format for its Most Valuable Professional (MVP) Global Summit, which was originally scheduled in be hosted in Bellevue and Redmond, Washington, in mid-March.  Adobe (ADBE 0.35%) made a similar decision this week, announcing that its Adobe Summit & Magento Imagine -- a conference that attracted 16,000 people last year -- would become an online-only event. Last week, Facebook (META 0.07%) canceled its F8 developers conference, though it will host live-streamed presentations that were originally scheduled for the event.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Danny Vena owns shares of Adobe Systems, Alphabet (A shares), and Facebook. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Facebook, and Microsoft. The Motley Fool recommends Adobe Systems and recommends the following options: long January 2021 $85 calls on Microsoft and short January 2021 $115 calls on Microsoft. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Alphabet Inc. Stock Quote
Alphabet Inc.
GOOGL
$101.42 (-0.01%) $0.01
Meta Platforms, Inc. Stock Quote
Meta Platforms, Inc.
META
$139.07 (0.07%) $0.09
Microsoft Corporation Stock Quote
Microsoft Corporation
MSFT
$246.79 (-0.97%) $-2.41
Adobe Inc. Stock Quote
Adobe Inc.
ADBE
$298.41 (0.35%) $1.03
Alphabet Inc. Stock Quote
Alphabet Inc.
GOOG
$102.24 (0.02%) $0.02

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
339%
 
S&P 500 Returns
109%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 10/06/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.