Businesses May Leave Texas Over Anti-Abortion Law

Women-led companies in the state like Bumble and Match have promised financial support for people seeking abortions.

Texas governor Greg Abbott is on defense telling CNBC, the new anti-abortion law, will have no impact on the state's growth in housing tech companies.

"This is not slowing down businesses coming to the state of Texas at all," he said.

Texas is a growing hub for companies – sometimes referred to as a 'tech mecca'  – it's home to industry giants like Oracle, Hewlett Packard and Tesla, bringing more than 17,000 tech firms and over 200,000 workers who chose to move from California to Texas, in part because of a lower cost of living and favorable tax laws.