Hi-tech conference: Jack Ma, Alibaba’s founder and former chairman, is seen during a video message at the opening ceremony of the World Artificial Intelligence Conference in Shanghai on Thursday. Alibaba Group’s market capitalisation has edged slightly above Facebook Inc. — Reuters
THE technology sector has always been an industry that is cyclical and exposed to the vagaries of the economy.
But it looks to be different this time around because the present economic downturn cycle is due to the Covid-19 pandemic as demand for technology related goods and services has actually risen in this extraordinary period.
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