News

Fox Corporation settles Dominion Voting Systems lawsuit

Published

1 year 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

Will the U.S. approve MDMA therapy?

Published

7 hours ago

May 15, 2024

ticker NEWS

MDMA is a drug commonly known as molly or ecstasy.

Some medical professionals say it can be helpful for people with post-traumatic stress disorder — which is why a group has been fighting to get MDMA legalized as a prescription drug.

Currently, the U.S. Food and Drug Administration is reviewing an application to use MDMA to treat PTSD. The agency is expected to announce its ruling as soon as August.

Anna Silman, a features correspondent with Business Insider joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #drugs #MDMA #MDMATherapy #business #pharmaceutical

News

Apple responds to crushing iPad Pro criticism

Published

20 hours ago

May 14, 2024

Nathan Langridge

Apple issued an apology following backlash over a recent advertisement for the latest iPad Pro.

On this episode of Ahron & Mike Live – Painted Panda dogs confuse zoo goers, luxury Police cars cruise the roads, Siri meets up with ChatGpt and Apple’s “Crush” iPad ad faces overwhelming backlash.

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Money

Why the meme-stock frenzy is unlikely to repeat

Published

20 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending