GOP Support for Texas & Tech Layoffs | Afternoon Update | 1.26.24

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Speaker 1
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Speaker 2
I'm Georgia Howe with Daily Wire editor in chief John Bickley. It's Friday, January 26, and this is your morning wire afternoon update.

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Speaker 3
The standoff in Texas continues. Governor Greg Abbot continues to have the state's national Guard and other agencies install razor wire and border barriers. Meanwhile, 25 republican governors have issued a public statement saying they stand with Texas Daily Wire reporter Spencer Linquist is on the ground in Eagle Pass. He's been speaking to the Texas National Guard.

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Speaker 4
The Biden administration demanded that the Texas National Guard give border patrol access to Shelby park by today, but the park is still under control by Texas authorities, despite the National Guard defying the administration's request. Things do appear to be pretty calm here at Shelby park, and it doesn't look like federal agents have made any attempt to enter the park. So for now, the standoff seems to be contained in the political arena. But that being said, the area is receiving additional media attention. South Dakota Governor Christie Noam and Texas Lieutenant Governor Dan Patrick toured the park today, meeting with members of the Texas National Guard and dps. Meanwhile, 25 republican governors have given abbot their support, with many expected to send their own national guards down to the border.

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Speaker 2
Boeing CEO David Calhoun visited Capitol Hill on Wednesday to be grilled by senators regarding the safety of its 737 Max nine. Listeners will recall that an exit door on an Alaska Airlines Max nine blew off earlier this month while the plane was in flight. The National Transportation Safety Board, NTSB, is wrapping up its investigation into what happened. But Calhoun told reporters that Boeing understands the gravity of the situation.

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Speaker 5
We fly safe planes. We don't put airplanes in the air that we don't have 100% confidence in.

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Speaker 2
The FAA blocked Boeing from producing more Max nine s, but did clear the airplane to begin flying as soon as today.

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Speaker 3
Us intelligence secretly warned Iran about the ISIS terror attack that killed 84 people and wounded nearly 300. The attack was carried out on January 3 at a state memorial for iranian general Qassim Soleimani. The intelligence was shared with Iran due to the US government's duty to warn policy, which applies even to us adversaries.

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Speaker 2
Microsoft became the second company to be valued above $3 trillion on Wednesday. Only Apple had crossed that threshold. Microsoft's stock price rose a bit, to about $405. On Thursday, the company announced it will be cutting nearly 2000 jobs, or 8% of its employees, from its gaming sector. Most of these layoffs come from Microsoft's acquisition of Activision Blizzard, in which they gained 10,000 employees. The tech industry overall has been downsizing this year. Discord announced a 17% cut, eBay is cutting about 1000 jobs, and Xerox announced a 15% reduction in its workforce. Here's Roger Lee, creator of layoffs.

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Speaker 6
FYI, it's been a bad recent few months for tech layoffs. Already this year were over 10,000 tech employees cut, and that follows a brutal 2023 where over 260,000 employees got cut in the tech sector. A lot of the recent layoffs are still about tech companies trying to correct further overhring during the pandemic, given that the high interest rate environment and the tech downturn have both lasted longer than initially expected.

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Speaker 7
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Speaker 3
Streaming giant Netflix beat Wall Street's expectations this week, adding more than 13.1 million new paying subscribers. This growth came during a time when new content was delayed due to the Hollywood writer strike. Netflix also expanded its live sports offerings and announced that it made a deal with WWE to air its popular Raw show on the streamer. Over the past three months, Netflix stock value has increased by 42%. Here's Netflix CEO Ted Sarandos explaining the WWE partnership.

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Speaker 8
WW is sports entertainment, which is right in the sweet spot of our sports business, which is the drama of sport. Think of this is 52 weeks of live programming every year. It feeds our desire to expand our live event programming, but most importantly, fans love it.

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Speaker 2
It may be cheaper to heat your home this winter. Natural gas prices have come down nearly 30% since October, which is considered the start of the cold weather season. An excess supply of gas and forecasts of a warmer than usual winter are keeping demand and prices low.

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Speaker 3
John Stewart is returning to the Daily Show. Stewart helmed the comedy news program for almost two decades before stepping away at the start of the 2016 election cycle. The left leaning comedian will be returning just in time for the 2024 presidential contest.

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Speaker 2
Taylor Swift is reportedly exploring legal options after pornographic images of her generated by AI went viral on social media. A source close to the pop star told the Daily Mail that whether or not legal action will be taken is being decided. But there's one thing that's clear these fake, aigenerated images are abusive, offensive, exploitative and done without Taylor's consent. Or knowledge.

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Speaker 3
And a 25 year old woman from New York died from anaphylactic shock after eating a mislabeled cookie. Orla Baxtendale died from a severe allergic reaction on January 11 after eating a vanilla Florentine cookie. The sweet included peanuts and eggs, but those ingredients were not listed on the packaging. Grocery store chain Stu Leonards issued a recall for the cookies after the incident.

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Speaker 2
Those are your drive home updates this afternoon. To learn more about these stories, go to Dailywire.com. And for more in depth discussion of the biggest stories of the day, listen to the latest full episode of Morning Wire. Every morning, close.