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biden's mishandling of classified documents. that was the message in a letter sent to house judiciary chairman jim jordan. the committee responded by accusing the doj of being, quote, scared to cooperate with the probe into how sensitive paperwork ended up in the president's home in delaware. in democrats are urging the president to be open about what happened. >> i want to see complete transparency on how this is handled and brought to the american people. i'm convince thursday is no intent by the president to do something that was wrong. >> reporter: do you think this hurts him pol...

The number of layoffs in the secondtor were the -- sector were the highest since the dot com crash of more than 20 years ago. as a tech historian, put what we're seeing now into context. >> yeah. well, this is different than the dot com crash. look, there's some similarities then in 2000, 2001 you had rising interest rates, you had macroeconomic conditions that were affecting the flow of capital into the tech market, startups and big companies. there was a lot of froth and hype around certain things. we could say a good parallel to the dot com hype was crypto, which even before the layoffs of ...

Tech companies. >> for more on this, i'm joined by margaret o'mara, a university of washington tech historian, and joins me from seattle, washington. thank you so much for being with us. we just heard the reporter there, is the explanation as simple as that? tech companies grew too quickly during the good times? >> yeah. i mean, it's been a time of really extraordinary growth. particularly the last years, three years of the pandemic when everyone was moving to working at home or many people were moving to work at home and to learn at home and ordering things in from places like amazon and othe...