Web Summit CEO resigns after Mid-East comments


NEW YORK: Web Summit chief executive officer and founder Paddy Cosgrave resigned last Saturday after comments he made on the Israel-Hamas conflict prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month.

“Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend,” Cosgrave said in a statement. “I sincerely apologise again for any hurt I have caused.”

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