Business News Report
October 16, 2023

Web Summit Lisbon at Risk of Cancellation Over Israel’s Withdrawal and CEO Cosgrove’s Controversial Views

In Brief

The Web Summit in Lisbon may be in jeopardy, as Israel withdrew participation due to CEO Cosgrove’s pro Hamas remarks.

 

Web Summit in Lisbon at Risk of Cancellation Over Israeli Withdrawal and CEO Cosgrove's Alleged Pro-Hamas Views

The Israeli Ambassador to Portugal, Dor Shapira, has announced that Israel will not participate in the upcoming Web Summit in Lisbon, citing controversial remarks by the conference’s Chief Executive and co-founder, Paddy Cosgrave, regarding the Israel-Palestine conflict. The decision highlights growing tensions and controversy surrounding the event.

The Web Summit, originally planned for November 13 to 16, is now facing the risk of cancellation as an increasing number of companies have also chosen to withdraw their participation.

Shapira attributed the decision to what he termed “outrageous statements” made by Paddy Cosgrave, who, in a recent X post, criticized Western leaders’ actions in the Israel-Palestine conflict. 

On Friday, Cosgrave wrote on X that he was “shocked at the rhetoric and actions of so many Western leaders & governments, with the exception in particular of Ireland’s government, who for once are doing the right thing.”

“War crimes are war crimes even when committed by allies, and should be called out for what they are,” he added.

Later, Cosgrove wrote: “What Hamas did is outrageous and disgusting. It is by every measure an act of monstrous evil. Israel has a right to defend itself, but it does not, as I have already stated, have a right to break international law.”

Cosgrave’s remarks triggered a significant backlash, leading to cancellations by multiple companies and prominent figures within the tech industry. While Cosgrave later attempted to clarify his stance, expressing condolences for civilian casualties in Israel and Gaza, the controversy continues to cast a shadow over the upcoming conference. 

Dozens of speakers and other participants have condemned Cosgrave and refused to participate in the Summit, further intensifying the uncertainty surrounding the event. Web Summit, with its CEO, has been labeled as “sympathizers with terrorists,” accused of “supporting kidnappers” and accused of promoting “anti-Semitism.”

Today, Cosgrove tweeted, saying “We are devastated to see the terrible killings and the level of innocent civilian casualties in Israel and Gaza. We condemn the attacks by Hamas and extend our deepest sympathies to everyone who has lost loved ones. We hope for peaceful reconciliation.”

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

Hot Stories

Top 10 Platforms Tokenizing Precious Metals

by Alisa Davidson
September 12, 2026
Join Our Newsletter.
Latest News

Shufti, Jumio, Sumsub, And Beyond: Top 6 Identity Verification And Compliance Platforms To Know In 2026

Shufti, Sumsub, Incode, Veriff, Persona and Jumio compared on compliance lifecycle coverage, pricing transparency and fraud detection ...

Know More

2026 AI Market Claims Vs SEC Fillings: Linkmate Analysis

Is the AI market really all just PR talk or there's a deeper math going on in ...

Know More
Read More
Read more
Gate Update: Platform Ranks Top 3 In RWA Perpetual Trading As Stock Futures Log Third Consecutive Month Of Triple-Digit Growth
Digest News Report Technology
Gate Update: Platform Ranks Top 3 In RWA Perpetual Trading As Stock Futures Log Third Consecutive Month Of Triple-Digit Growth
September 11, 2026
OpenAI Brings Research, Modeling, And Pitchbook Automation To Wall Street With New ChatGPT For Financial Services
Opinion Business Technology
OpenAI Brings Research, Modeling, And Pitchbook Automation To Wall Street With New ChatGPT For Financial Services
September 11, 2026
Brand Trust Beats Fees For 46% Of Crypto Users, And Paybis CEO Innokenty Isers Says Platforms Must Lead With Licensing Transparency To Earn It
Interview Business Technology
Brand Trust Beats Fees For 46% Of Crypto Users, And Paybis CEO Innokenty Isers Says Platforms Must Lead With Licensing Transparency To Earn It
September 11, 2026
Anthropic’s New Threat Intelligence Report Reveals AI’s Growing Role In Cybercrime, Influence Campaigns And State-Sponsored Operations
News Report Technology
Anthropic’s New Threat Intelligence Report Reveals AI’s Growing Role In Cybercrime, Influence Campaigns And State-Sponsored Operations
September 11, 2026