The tech industry was at the forefront of the Covid line.
Technology companies, faster than the public and governments, first understood the coronavirus threat in the early 2020s and responded with short-term measures. As the epidemic does not show signs of slowing down by 2021, tech companies are quick to make long-term changes to staff policies and priorities.
But this is not surprising; They will be most beneficial in the post-contagious digital world.
To respond to the first threat
January Even in February and early March. There are many Still little things Coronavirus threatens the United States – sometimes comparing it to the flu – and White House coronavirus consultant Dr. Anthony FauciNo reason“To wear a mask.
But the tech industry has been shaken.
In mid-February, venture capital firm Andreessen Horowitz left the office’s staff not to shake hands with office workers, according to a widely shared Recode article.The technology industry fears coronavirusAccording to Recode, there were 13 Covid cases. But Silicon Valley experts wear high-quality masks and order hazmat costumes.
In March, Sequoia Capital released a memorandum called Coronavirus.Black Swan of 2020“Companies have warned you to question any assumptions about your company.”
Businesses reflect biology in some way. Survivors, as Darwin predicted, were “the mightiest, They are not the most intelligent people, they are the best people to adapt to change. ”
It is reminiscent of Sequoia’s famous “RIP Good Times” report on how to prepare for the 2008 recession. More than a year later. Even seems apt.
Technology companies have banned travel to China; The first step was to eliminate major incidents and repatriate employees. Apple, May soon become more aware of the coming American threat
Live events fell like dominoes. Mobile World Congress, the world’s largest trade fair for mobile phones, is canceled Covid-19 leaves tech giants on February 12 In early March Facebook, Google, Microsoft versus Adobe All Change to the main annual conference Deleted from the virtual platform or directly shared.
A few days later, March 6, in the city of Austin, Texas Abolished by the southwestConcerns about the coronavirus are on the rise every year. The film and music conference generates hundreds of millions in revenue for the city.
Tech has also moved to remote areas. In the first few days of March, Microsoft, Facebook, Google versus Amazon Employees in some areas are encouraged to work from home if possible. Twitter He made work from home March 11
Dr. Gregory Poland, founder and director of the Vaccine Research Group at the Mayo Clinic Clinic, talks about how technology companies work and how “work” is done. Easier. They are flexible.
He pointed out that the warehouse-transformed warehouse for Covid-19 could be dangerous for many tech companies’ offices.
Poland and Raj Behal, Chief Quality Officer of the Primary Care Chain One is medicalThese companies reduce the spread of community-based gear by shifting to remote locations.
Prompt action is needed in California, In particular, the Gulf icria is likely to be one of the main reasons for its lack of focus.
Many early Covid incidents It is located in the Bay of Bengal in the US, and was in California in early March The highest number of covid incidents in any state:
The first to accept the new reality
As the United States goes down in numbers and falls in the spring, most of us are in the spring and fall. Then, on Labor Day and then at the end of the year, the outbreak is still expected. But tech companies have been ready for a long time. Even forever.
In early April, Facebook announced it Cancellation of all live broadcasts of 50 or more people by June 2021 Not 2020. Next month, CEO Mark Zuckerberg predicted 50% of Facebook employees can work remotely Over the next five to 10 years, the company may adjust salaries based on the location of new employees.
Twitter in mid-May Square Became the first technology company To fight Employees are allowed to work from home permanently: Jed Dawsy, chief executive of both companies, has long advocated for remote jobs. Before the outbreak, he considered traveling to Africa for half a year.
Microsoft is not far behind, but in October it implemented a flexible approach to domestic policy 50% discount for all employees. Remote fever is allowed: In addition, Microsoft employees can obtain the permission of their manager to work remotely from anywhere full time.
The first to benefit from the new routine
The speed with which the technology world responds to infectious diseases is not surprising. Because they are in the best position to move into the digital world and benefit from a new, more neutral environment.
The largest tech companies in the world will become more contagious.
In the spring, Apple launched the MacBook and iPad Only previously seen rates during the holidays As people transition to work and stay at home. In August, it became the first company To reach a $ 2 trillion market cap: In addition, in the fall, Apple launched three major products to launch the Kandahar New motorcycle Of 5G iPhones, MacBooks with in-house chips And more This year, the stock is up almost 80%.
It happened on an Amazon Year-round rental To keep up with the rise for online orders. It has brought in 275,000 workers since March and said it will hire 100,000 seasonal employees to manage holiday demand. From July to October this year, third-party sales are on its anniversary. Over $ 3.5 billion: Black Friday sales, which were a big part of Amazon It grew 22% year-on-year to a record $ 9 billionAccording to Adobe Analytics, e-commerce channels will only continue to benefit from Amazon, which has the capacity to meet demand. Amazon’s share is up more than 70 percent this year.
In the early months of the epidemic, Google and Facebook were hit hard, according to Google. The first ever decline in income Part of the reason for the second quarter is that advertising relies more on branding than direct response. However, advertising revenue, especially for YouTube, rebounded in the quarter ended September 30 32% more than last year:
In the third quarter Facebook advertising revenue up 22% Compared to 2019, Covid-related decline and the company’s hate speech and information policies have led to a boycott of advertisements. Both stocks are up nearly 40% for the year.
New winners also emerged from the infection.
The infection has spread Zoom in More than 450% rose to more than 450% on a verbal and year-to-date basis, sending its stock. The video conference company There was a successful IPO in 2019But in 2020 Has become a regular platform Go to school I will work. For those trying to maintain a social life. Zoom is almost always in competition with Microsoft and Google CiscoThese companies In particular, Google is promoting its own video communication products.
Peloton Although it does not reach the verb level like Zoom, it is another major winner. At the end of 2011, most peoplePeloton wife“At the Peloton in 2020, we announced that this bike could be more than just advanced accessories 100 million paid subscribers This coming holiday season, one-third of the holiday season is worth billions of dollars in sales.
2020 is the year of economic downturn Biggest year for public travel for software companies: Even HelloIt was initially saddened by the low level of travel around the world, but it was able to withdraw its IPO later this year.
What was the technology behind it?
The exact purpose of the technology industry to fight the coronavirus was unknown. Google and Apple Contact Search TechnologyFor example, it is never popular. Instead, it’s a science that sets out what expectations and markets will emerge this month Vaccination:
Coronavirus misinformation may be something that tech companies can’t move fast about. Although a social media platform Implement policies They have struggled to control the spread of false information. Facebook groups with hundreds of members It was formed to share theories of conspiracy and to organize anti-lockdown protests. Collaborative film like “Jade“Before the millions of views were shattered on YouTube and other platforms, information from prominent politicians, including President Donald Trump, did not help these companies.
We are now heading into the second winter and the second year of the epidemic The US Coronavirus outbreak is over 170,000 a week And 250,000 deaths.
The tech world is ahead of Covid – if it can do more to attract the rest of us.