The World Economic Forum, the host of the annual gathering of political and economic leaders in Davos, Switzerland, is planting a flag in San Francisco, as the area’s technology industry grows in prominence on the global stage.
The Geneva-based organization has chosen the tech epicenter for its second U.S. office, positioning itself near Silicon Valley heavyweights, said Murat Sonmez, who will run the new space. The nonprofit forum -- whose only other satellite offices are in New York, Beijing and Tokyo -- announced the new location on Monday at a conference in San Francisco.