Tech companies like Microsoft and Oracle could take a hit to their revenue as the government shutdown drags on

Tech companies like Microsoft and Oracle could take a hit to their revenue as the government shutdown drags on

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/09/government-shutdown-could-affect-microsoft-other-tech-companies.html

Technology companies that work with the U.S. government could get hit as the shutdown over a border wall continues, some analysts say.

It's not the only way the government shutdown, which began on Dec. 22, could affect the technology industry, though. Two technology companies seeking to go public, Lyft and Uber, are awaiting feedback on confidential filings from the U.S. Securities and Exchange Commission, Bloomberg reported on Wednesday, and unprocessed paperwork has been forming a backlog for the agency, an attorney told CNBC this week.