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

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) 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.

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

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Source Fool.com