Game Developers Conference canceled as tech conferences keep falling as fast as the stock market

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Game Developers Conference canceled as tech conferences keep falling as fast as the stock market
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At least five tech conferences, including Facebook’s F8, were canceled this week.

Tech stocks aren’t the only things falling because of coronavirus fears — At least five tech conferences were canceled this week due to risks associated with COVID-19, including a large meeting of videogame developers.

GDC was scheduled for March 16-20, but Xbox maker Microsoft Corp. MSFT, +2.42% said Thursday said it would skip the San Francisco event because of coronavirus fears and instead stream its content for the show. Activision Blizzard Inc. ATVI, -0.34% announced Friday it was “asking employees not to attend this year’s Game Developers Conference” because of COVID-19 concerns, and Epic and Unity also dropped out before Friday’s announcement.

Earlier in the week, Facebook Inc. FB, +1.43% canceled its developer conference, F8, that was to take place in San Jose, Calif., on May 5-6. On Thursday, the company blamed “growing concerns” about the outbreak, and said it would still stream videos and other content in lieu of hosting the two-day event. Earlier this month, Facebook abandoned a global marketing event in San Francisco scheduled for next week.

One of the largest tech shows, the GSM Association’s Mobile World Congress smartphone trade show, was canceled for late February in Barcelona out of COVID-19 fears. The RSA security conference took place in San Francisco this week, but AT&T Inc. T, -1.43% and International Business Machines Corp., IBM, -2.22% and Verizon Communications Inc. VZ, -1.63% skipped it.

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