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Social media giant Facebook Inc.’s annual developers’ conference is all set to kick off this Tuesday in San Jose, and thousands of developers are expected to attend the event.
McEnery Convention Center in downtown San Jose will host an estimated 4,000 developers for F8 conference of this year. The estimated figure represents a significant increase from 2016’s 2,600.
The F8's San Jose debut will feature a host of talks as well as demonstrations related to Facebook technology’s future. But some experts have suggested that CEO Mark Zuckerberg could use the event to address the controversies that entangled the social media giant.
While the company’s decision to move down south is great news for the economy of San Jose, the exact opposite is true for the economy of San Francisco. As per the McEnery Convention Center, conferences like that of Apple’s WWDC would bring in $5 to $7.5 million in direct spending.
Advisory services firm Enderle Group’s Rob Enderle said, “This kind of trend moving from San Francisco is going to hurt. San Francisco was perceived as very trendy at one time. It just isn't anymore.”
Facebook is not the only technology firm that has left San Francisco behind for its 2017 conference. Google’s developers’ conference Google I/O is scheduled to take place at the Shoreline Amphitheater in Mountain View next month. Apple’s Worldwide Developers Conference will take place in San Jose in June. The iPhone-maker hosted its previous 14 developers’ conferences in San Francisco.
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