Tech Companies Scuttle Travel Over Coronavirus Concerns

Date : 02/28/2020 @ 9:15PM
Source : Dow Jones News
Stock : Facebook Inc (FB)
Quote : 165.55  0.0 (0.00%) @ 12:00PM
Pre-Market
Last Trade
Last $ 170.03 ▲ 4.48 (2.71%)

Tech Companies Scuttle Travel Over Coronavirus Concerns

Facebook (NASDAQ:FB)
Historical Stock Chart

2 Months : From Feb 2020 to Apr 2020

Click Here for more Facebook Charts.

By Sebastian Herrera

 

Amazon.com and Microchip Technology Inc. are among tech companies cutting back on employee travel over concern about the spreading coronavirus.

Amazon said it has asked employees to defer all non-essential travel. Facebook Inc. this week cancelled a developers conference and Microsoft Corp. said it was joining others in not participating in the videogame industry's annual developer conference known as GDC

Microchip Technology, which makes electronic components for everything from satellites to data centers, said it would scrap participation in investor conferences this quarter, including a Morgan Stanley Technology, Media and Telecom event planned for next week.

"We have taken precautionary steps to help ensure the health and safety of our employees and to control the impact on Microchip's operations," Microchip Chief Executive Steve Sanghi said Friday.

 

Write to Sebastian Herrera at Sebastian.Herrera@WSJ.com

 

(END) Dow Jones Newswires

February 28, 2020 16:00 ET (21:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Latest FB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.