Dominion CEO Predicts ‘Business Ultimately Goes to Zero’

  • 📰 TIME
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Dominion Voting Systems CEO John Poulos tells TIME that he expects the company's 'business ultimately goes to zero' due to falsehoods around the 2020 election. 'It basically put us into a death spiral'

Dominion Dominion Voting Systems CEO John Poulos speaks outside the Leonard Williams Justice Center in Wilmington, Delaware, on April 18, 2023month ago, Dominion Voting Systems seemed like a dragon slayer. The conservative news behemoth Fox News had just agreed to pay Dominion $787.5 million to settle a defamation suit that was hours away from going to trial. It was the largest such settlement ever announced by a media company.

Since Poulos incorporated Dominion two decades ago, the company has grown into one of the largest providers of electronic voting hardware and software in America. But it wasn’t until the 2020 election that Dominion became a household name, after former President Donald Trump and his allies voiced conspiracy theories about it, including baseless allegations that the company helped rig the election by flipping votes for Trump to Joe Biden.

Dominion still has six other defamation cases pending, including suits against right-wing media companies Newsmax and One America News. The closely-watched litigation against Fox News led to the disclosure of texts and emails indicating that some at Fox had doubts about the election fraud claims the network was peddling, as well as embarrassing remarks by Tucker Carlson and other prominent personalities mocking Trump and his claims that he had beat Biden.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As payments systems go digital, they are changing global financeA new wave of digitisation, driven by the arrival of smartphones and the internet, is changing payments systems. But it isn’t always new fintech firms, digital newcomers or fancy cryptocurrencies that are leading the rewiring
Source: TheEconomist - 🏆 6. / 92 Read more »

Top AI industry executives welcome US government regulationTop AI execs tell US Senate: Please, please pour that regulation down on us
Source: TheRegister - 🏆 67. / 61 Read more »