2 major tech companies cancel conferences in SF; 2024 projected to be challenging year

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2 major tech companies cancel conferences in SF; 2024 projected to be challenging year
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Software company Red Hat and Bay Area's Meta will no longer hold their conferences at the Moscone Center in 2024. Experts project a challenging year for the city and its many small business owners.

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Software company Red Hat and Bay Area's Meta have canceled their San Francisco Moscone Center conventions for 2024.Two major tech companies decided to cancel their San Francisco Moscone Center conferences. Software company Red Hat and Bay Area's Meta are no longer coming to the city in 2024.

A financial hit that is no surprise for the San Francisco Travel Association. According to their projections: "It's kind of scary but hopefully tourism will start coming back up and things will start coming back alive. These two events were super big so I don't know how it's going to affect us. I don't think it will be in a positive way obviously," said Alex Aviles, Bocado restaurant co-owner.

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