TECH LEAD­ERS SNUB­BING SAUDI IN­VESTOR SUM­MIT

Calgary Herald - - WORLD -

Com­pany lead­ers are back­ing away from a “Davos in the Desert” event in­tended to show­case Prince Mo­hammed bin Sal­man’s mod­ern­iza­tion plan for Saudi Ara­bia.

The Khashoggi af­fair is eclips­ing the three-day Fu­ture In­vest­ment Ini­tia­tive, sched­uled to start in Riyadh in just two weeks. Bil­lion­aire Richard Bran­son says he is halt­ing Vir­gin Group’s talks on a space ven­ture.

Other dropouts in­clude Vi­a­com CEO Bob Bak­ish, Uber Tech­nolo­gies CEO Dara Khos­row­shahi, ven­ture cap­i­tal­ist Steve Case, L.A. Times owner Pa­trick Soon-Shiong, HP ex­ec­u­tive Joanna Pop­per and An­droid cre­ator Andy Rubin.

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