News

Fox Corporation settles Dominion Voting Systems lawsuit

Published

3 years ago

April 19, 2023

ticker NEWS

The voting system company received $787 million over false vote-rigging claims made in the 2020 U.S. election

Fox Corporation has settled a defamation lawsuit brought on by Dominion Voting Systems for $787 million.

Dominion Voting Systems was suing the TV network for $1.6 billion.

This was over Fox News’ coverage of false vote-rigging claims made in the 2020 U.S. election.

Then-president Donald Trump attacked the voting machine company after the ballot, falsely claiming it favoured winner Joe Biden.

Fox says it is pleased to end the dispute and acknowledges certain claims were false.

“We are pleased to have reached a settlement of our dispute with Dominion Voting Systems,” the statement read.

“We acknowledge the Court’s rulings finding certain claims about Dominion to be false.

“This settlement reflects Fox’s continued commitment to the highest journalistic standards.

“We are hopeful that our decision to resolve this dispute with Dominion amicably, instead of the acrimony of a divisive trial, allows the country to move forward from these issues.”

A lawyer for Dominion says the truth matters and lies have consequences.

Dominion CEO John Poulos also addressed media a short time ago, saying nothing can ever make up for the damage Fox caused.

“Fox has admitted to telling lies about Dominion that caused enormous damage to my company, our employees and the customers that we serve,” Poulos said.

“Nothing can ever make up for that.”

News

SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

Published

13 hours ago

November 12, 2025

ticker NEWS

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence

News

Senate passes deal to end historic shutdown

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

Published

14 hours ago

November 12, 2025

ticker NEWS

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

The U.S. Senate has approved a spending bill 60–40 to end the nation’s longest government shutdown, with House support and presidential backing expected.

The package funds key departments through January while adding new privacy safeguards for lawmakers.

#USPolitics #GovernmentShutdown #SenateVote #Congress #Trump #MikeJohnson #Washington #USNews #FederalFunding #CapitolHill

News

Sussan Ley’s leadership tested amid net-zero debate

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

Published

17 hours ago

November 12, 2025

Ahron Young

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

In Short:
– Sussan Ley’s leadership is questioned as the Liberal party debates net-zero emissions amidst internal divisions.
– Moderate MPs warn losing elections if net-zero is abandoned, highlighting urban voter support for a 2050 target.

Sussan Ley’s leadership faces scrutiny as the Liberal party debates a net-zero emissions target.

Conservative members argue she should abandon the goal to maintain her position, while moderates hope for a compromise that aligns with the Paris Agreement.

Leadership contenders like Angus Taylor and Andrew Hastie support staying committed to the Paris Agreement, rejecting a net-zero commitment. Taylor indicated future leadership aspirations are not confirmed.

Pro-net-zero frontbencher Tim Wilson seeks decisive leadership to address the issue. Ley’s lack of internal guidance frustrates moderates, creating uncertainty regarding her stance on net-zero. While some conservatives advocate for its dismissal, others display mixed support.

Liberal party dynamics shift as polling reveals significant opposition to net-zero among constituents. The upcoming party room meeting and shadow ministers gathering will aim to finalise the Coalition’s position.

Internal Divisions

Moderate MPs warn that elections will be lost if net-zero is abandoned, emphasising its importance in urban areas.

A poll indicates strong support for a 2050 net-zero target among voters. Critics of the Nationals’ policy argue it is misguided and incompatible with national interests.

Calls for resignation from frontbench positions are met with opposition. Some representatives voiced frustration over the timing of the meeting, suggesting it should have been resolved earlier.