Tech

Collision course: Tech downturn casts shadow over web summit

The mood was subdued at Collision, the Web Summit’s sister event, with tech giants’ valuations plunging and concerns rising over climate change

Romy Lynch, co-founder and chief executive of Uniflow, a start-up that has developed a platform that changes how product teams collaborate on mobile apps: ‘From a speaker perspective, everything runs as smoothly at Collision as it does at Web Summit.’ Picture: Lucas Schulze

The tech community usually looks to gatherings such as Web Summit’s sister conference Collision to celebrate its achievements, but there was a definite sense of unease among delegates at this year’s event in Toronto.

After being forced to hold the conference online for the past two years due to the Covid crisis, there was happiness at being able to gather again in large crowds. Yet this was offset to a large degree by growing fears ...