Fox Corp. said it will be skipping the Morgan Stanley Technology, Media & Telecom Conference where Lachlan Murdoch was scheduled to present Wednesday. It said the decision “was made out of an abundance of caution due to evolving public health concerns regarding COVID-19.”
Facebook COO Sheryl Sandberg and CFO David Wehne, who were going to present today, were also no-shows. The social media giant had announced last week that it would no longer be participating out of an abundance of caution, which has become the corporate boilerplate.
Disney executive chairman and until recently CEO Bob Iger was also slated for today but Disney canceled. There was no statement so it’s not clear if it was related to the virus or to the CEO’s abrupt handoff of the chief executive post to Bob Chapek last week.