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Added on the 12/04/2018 19:39:50 - Copyright : Wochit
On Thursday, Fox Corp. stock dropped as much as 6% on Thursday. The dip came after Pres. Donald Trump retweeted support for its rival right-leaning news networks Newsmax and OANN. Trump and his supporters have been irritated by Fox News since it called the state of Arizona for Joe Biden on election night. According to Axios Trump could have his eyes set on creating his own news network to directly compete with Fox. "Very sad to watch this happen, but they forgot what made them successful, what got them there..."
Fox News reaches a settlement for $787.5 million in a major defamation case, avoiding a high-profile trial that would have tested the extent of free speech rights for media in America. The settlement represents "vindication and accountability," the voting machine company's lawyer says during a press briefing. "Lies have consequences," he adds. SOUNDBITE
Legal teams arrive at the Leonard Williams Justice Center, where the Dominion Voting Systems defamation trial against FOX News is taking place, with opening arguments expected Tuesday, in Wilmington, Delaware. IMAGES
On Monday, Fox News host Brian Kilmeade sounded the alarm over Pres. Trump's looming impeachment. Trump is being impeached over the Capitol Hill siege that saw thousands of dollars of damage and 6 people dead. The longtime host of "Fox & Friends" argued impeachment would only lead to more attacks. "50 state houses are being threatened on Inauguration Day — this is the last thing you wanna do."
President Donald Trump has been asking aides and lawyers about his self-pardon power. This includes White House counsel Pat Cipollone, according to CNN. Some of those conversations have happened in recent weeks, one of the sources says. Trump has asked about the legal and political consequences of a self-pardon. A Justice Department legal memo says the president cannot pardon himself. However, he can step down and ask his vice president to take over and pardon him.
Since losing the 2020 election, President Donald Trump has continued to attack the integrity of the voting system. Some of his Fox News allies have homed in on the company Smartmatic--because of the services it provided Los Angeles County for the election. But CNN reports the voting technology sent Fox News a blistering legal threat accusing of participating in a 'disinformation campaign' against it. In response, Fox has begun airing a remarkable news package debunking claims its hosts and guests have propagated. CNN reports the package aired for the first time Friday night on Lou Dobbs' show. Fox News said the same package would air Saturday night on Jeanine Pirro's program as well as Sunday morning on Maria Bartiromo's show.
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