Silicon Valley split on California recall election
Newsom is only the fourth governor in US history and the second in California to face a recall
Caldwell on California recall election: Polls don't vote, people do
Fox News Political Analyst Gianno Caldwell discusses the California recall showdown between Gov. Gavin Newsom and candidate Larry Elder arguing, there's 'a lot on the ballot today' for voters in California.
The California recall election to oust Democratic Gov. Gavin Newsom over his handling of the pandemic has divided Silicon Valley much like it has the general population.
Tech elites have poured money into the "no" campaign. Former Yahoo CEO Marissa Mayer, for instance, has contributed at least $200,000 while Netflix CEO Reed Hastings has contributed a whopping $3 million.
Gov. Gavin Newsom speaks to volunteers in San Francisco, Tuesday, Sept. 14, 2021. The recall election that could remove California Democratic Gov. Newsom is coming to an end. (AP)
Supporters of the recall, however, are less represented in Silicon Valley. The most well-known figure to have contributed to the "yes" campaign is Oracle founder Larry Ellison, a Republican.
Others may have once supported the governor but have become disillusioned by his draconian COVID-19 policies.
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In a recent interview with TechCrunch, political economist Neil Malhotra said that many tech entrepreneurs sympathize with small business owners and children who were impacted by Newsom’s shutdown orders during the pandemic.
"They feel like the government has been punishing these people over the course of the pandemic," Malhotra said. "Further, I think that in addition to being against unions, they’re generally against public-sector unions like teachers unions. And so I think the restrictions on school reopenings also struck a chord with this population.
Venture capitalist and former Facebook executive Chamath Palihapitiya has described California as an "inhospitable culture for innovation" due to high taxes and government regulation.
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FOX Business has reached out to California-based companies Netflix, Google, Apple, and Facebook for their thoughts on the recall. Only Facebook responded, saying that the company had "nothing to share on the California recall election."
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NFLX | NETFLIX INC. | 796.54 | +16.33 | +2.09% |
| GOOGL | ALPHABET INC. | 180.75 | +4.24 | +2.40% |
| AAPL | APPLE INC. | 227.48 | +4.76 | +2.14% |
| FB | NO DATA AVAILABLE | - | - | - |
With Newsom's fate at stake, Californians on Tuesday cast the last of the ballots that will decide whether he continues to lead them or if the nation's most populous state veers in a more conservative direction.
Newsom, who is leading in polls, is only the fourth governor in U.S. history and the second in California to face a recall. He was elected in a landslide less than three years ago.
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The leading Republican candidate is conservative talk show host Larry Elder, who is seeking to become California's first Black governor.
The Associated Press contributed to this report.