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The original was posted on /r/worldnews by /u/chedderbob234 on 2023-10-21 14:43:41.
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
https://fortune.com/2023/10/20/web-summit-google-meta-stripe-pull-out-israel-hamas-gaza/
The original was posted on /r/worldnews by /u/chedderbob234 on 2023-10-21 14:43:41.
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
Alphabet’s Google and Meta Platforms have joined a growing list of companies and investors bowing out of the Web Summit technology conference after comments the event’s leader made about Israel earlier this week.
Intel Corp. and Siemens AG announced a similar decision on Thursday after a raft of venture capitalists in Israel, the US and Europe pulled out of the event.
The cancellations came after Paddy Cosgrave, the head of Web Summit, criticized Western support for Israel on social media after the Hamas attacks.
Cosgrave later issued an apology, writing on Web Summit’s website, “I understand that what I said, the timing of what I said, and the way it has been presented has caused profound hurt to many.”
In addition to drawing tech companies and investors, Web Summit has featured several marquee political speakers in the past.
Portuguese Economy Minister Antonio Costa Silva’s attendance this year is confirmed, the ministry said via email on Friday.
The original article contains 313 words, the summary contains 149 words. Saved 52%. I’m a bot and I’m open source!