About This Source - Bloomberg QuickTake: Now
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It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Quicktake: Now published this video item, entitled “Sidney Powell Says ‘No Reasonable Person’ Would Believe Her Claims Were Fact” – below is their description.
Dominion Voting Systems Inc. filed a $1.6 billion defamation lawsuit against Fox News, alleging it “gave life” to a bogus conspiracy theory that the voting-machine company helped steal the election from Donald Trump.
It’s the latest defamation suit by Dominion, which has already sued Trump lawyer Rudy Giuliani, former Trump campaign attorney Sidney Powell, and MyPillow Inc. Chief Executive Officer Mike Lindell, all of whom appeared on television to falsely accuse Dominion of stealing millions of votes from Trump. Powell has filed a motion to dismiss the lawsuit against her, saying “no reasonable person” would believe her claims were “statements of fact.”
Dominion has also raised the possibility of suing Trump himself. In December, it sent a letter to the White House asking that documents be preserved for possible future litigation. It sent similar letters to Fox News and competing conservative media outlets like One America News and Newsmax as well as individual commentators.
Fox certainly has the deepest pockets of the defendants Dominion has targeted so far — Fox Corp. had revenue of around $12 billion last year and Chairman Rupert Murdoch’s fortune is estimated at $9 billion. The suit against Fox seeks $600 million in lost profit and at least $1 billion in lost enterprise value. All three of Dominion’s earlier suits seek $1.3 billion each.
“The disinformation campaign waged against our company has caused us severe damage and undermined trust in American democratic institutions,” Dominion CEO John Poulos said in a statement. “These lies also have threatened the personal safety of our employees and customers.”
Fox News and some of its anchors were sued by Smartmatic Corp., another voting machine company, in February. The network has moved to dismiss that suit, stating that its reporting was protected by the First Amendment.Bloomberg Quicktake: Now YouTube Channel
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