Photo: Glenn Chapman/AFP via Getty Images

This year's TED conference is being rescheduled to July, organizers told Axios, marking the latest incident of the coronavirus derailing a tech event.

Why it matters: Postponing the conference, originally slated to take place in Vancouver next month, denies major players in tech and business a chance to assemble in one place to talk big ideas just as the coronavirus crisis heats up and global markets grow volatile.

Context: As Axios first reported, TED last week told attendees it would either move the conference to July or go virtual. Organizers said they were going with the first option after a large number of attendees told them TED should be an in-person event.

What's next: The conference will now run from July 26 to 30.

  • If COVID-19 makes even those later dates impossible, the conference will switch to an online-only event.
  • TED will also hold a one-day virtual session on April 22.

Go deeper

CO2 emissions may have peaked, but that's not enough

Reproduced from DNV GL; Chart: Axios Visuals

More analysts are making the case that COVID-19 could be an inflection point for oil use and carbon emissions, but it's hardly one that puts the world on a sustainable ecological path.

Driving the news: The risk advisory firm DNV GL, citing the pandemic's long-term effects on energy consumption, projects in a new analysis that global CO2 emissions "most likely" peaked in 2019.

U.S. economy added 4.8 million jobs in June

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The U.S. economy added 4.8 million jobs last month, while the unemployment rate dropped to 11.1% from 13.3% in May, according to government data released Thursday.

The state of play: While the labor market showed more signs of recovery when the government’s survey period ended in early June, the lag means that more recent developments, like the surge in coronavirus cases and resultant closures in some states, aren't captured in this data.

1.4 million Americans filed for unemployment last week

Photo: Wang Ying/Xinhua via Getty Images

Another 1.4 million Americans filed for unemployment last week, the Department of Labor announced Thursday.

Why it matters: New applications for unemployment remain historically high, suggesting layoffs are still widely prevalent. However, they remain well below the all-time record seen when the coronavirus pandemic first hit.