Bhaskar Chakravorti discusses how the war in Ukraine is impacting the technology sector.
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As Russia continues its brutal military campaign in Ukraine, which it launched two weeks ago, several financial themes have emerged. One is the growing list of U.S. companies cutting off ties with Russia, with McDonald’s, Starbucks and Coke being the latest to join the list of nearly 300 companies.
After Big Tech steps in to cut off Russia in wake of Ukraine invasion, experts say it was an easy call because Russia spends so little on a global scale, but could trap Apple and others when and if a larger customer like China makes a similar move.
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Many companies in Ukraine’s IT industry relocate staff, who have continued to ship code for clients.
As rumors began to spread of power outages, cyberattacks and tanks rolling into eastern Ukraine, JustAnswer Chief Executive Andy Kurtzig convened his employees in the invaded country on a video conference call to put emergency plans in place.
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Bhaskar Chakravorti discusses the global technology implications of the war in Ukraine.
Bhaskar Chakravorti provides analysis on how Russia’s invasion is devastating Ukraine’s burgeoning tech industry.
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