from streaming services. and, later in the business news, the sacked boss of the british lobby group the cbi tells the bbc his reputation has been totally destroyed following his abrupt dismissal. hello and welcome. we start in the us, where the fox news network has reached a last minute settlement, in a defamation case brought against it by a voting machine company. the case is linked to claims that the 2020 us presidential election was rigged against donald trump. fox news agreed to pay dominion voting systems $787.5 million. with the settlement, fox will avoid a high profile trial. dominion originally sued fox news for $1.6 billion so they actually settled for less than half of what they were asking for. this all came about because dominion claimed that their reputation was damaged after fox knowingly spread lies about its voting machines after the 2020 us election. they were repeating claims by then president donald trump who had falsely said that dominion voting machines
this tuesday night good evening once again, i stephanie ruhle. the parties have resolved thei case those words from the judge brought the dominion fox new defamation case to an an before the jury heard from a single witness late today, fox agreed to nine figure payout to settle the lawsuit, 787 point $ million, a little less tha half of the 1. 6 billion the were suing for fox has admitted to telling lies about dominion, tha caused enormous damage to my company, our employees, and th customers that we serve. nothing can ever make up for that the deal officially ends th legal battle over whether fo defamed dominion when it broadcasts conspiracy theories about its voting machines in the 2020 presidential election those included false claim dominion used is votin machines to rig the outcome. the truth matters lies have consequences over who years ago, a torren of lies swept dominion and election officials acros america into an alternativ universe of conspiracy theo
When it launched on June 1, 1999, the peer-to-peer music sharing service responded to a real need. It also heralded a troubling new ethic in tech that still shapes our world today.