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Fox Corporation settles Dominion Voting Systems lawsuit

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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.”

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Business

Musk’s Empire

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A plane arrives in China. On board, one of the world’s richest men. He’s come to convince authorities that he should be allowed to set up a brand new factory.

He is Elon Musk.

And this is his first trip to China in three years.

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Business

The Great Resignation vs. The Great Burnout

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As employees recover from the height of the pandemic, the Great Resignation has come to light

 
The pandemic saw the term ‘the great resignation’ coined as thousands of people resigned from their jobs across the U.S. in 2021 and 2022.

Karin Reed, the author of ‘Suddenly Hybrid said the great resignation was a period of employees taking control of their future.

“A lot of people realised in their current environment they were not happy with what they were doing with their job. They chose to vote with their feet and go elsewhere,

In other parts of the world, a spike in resignations was not reported.

However, a higher degree of workers began reporting post-Covid burnout, as they made a return to the office.

“There’s been a blurring of the lines. You have work that’s not confined by a physical space.

“Instead of closing the computer and walk away, our computer is in the next room.”

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World

Everything you need to know about music NFTs

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Music NFTs are unique digital items comprised of a visual element like NFTs but also have a musical component.

Some analysts believe that music NFTs are the future of the music industry, while others say they might just be a fad that’s here today and gone tomorrow.

 
NFTs are non-fungible tokens. They are unique digital assets that live on the blockchain and can either be one-of-a-kind or one copy of many.

So, what are music NFTs?

Well, they are unique digital items comprised of a visual element like NFTs but also have a musical component. They also live on the blockchain and can be bought and sold.

Some analysts believe that music NFTs are the future of the music industry, while others say they might just be a fad that’s here today and gone tomorrow.

Les Borsai, the Co-Founder of Wave Financial joined us to discuss.
#NFTs #musicnfts #tech #LesBorsai #veronicadudo #business

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