Fox News loses bid for Smartmatic voting-tech company's records about Philippines bribery case [Yahoo! Finance Canada]
Fox Corporation - Class B (FOX)
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Source: Yahoo! Finance Canada
Fox News and parent Fox Corp. sought the information to help fight Smartmatic's $2.7 billion defamation suit over broadcasts about the 2020 U.S. presidential election. Smartmatic says its business was gutted when Fox aired false claims that the election-tech company helped rig the voting. Fox says it was simply reporting on newsworthy allegations made by then-President Donald Trump and his allies. At the same hearing, Judge David B. Cohen also turned down Smartmatic's request to question two Fox Corp. board members. The company has already questioned others. The Aug. 8 indictment of Smartmatic co-founder Roger Piñate and two other executives concerns a geographically distant matter: Smartmatic's efforts to get work in the Philippines between 2015 and 2018. But Fox maintains the criminal case is pertinent to Smartmatic's business prospects, and therefore to the election-tech company's claims about what it lost and stands to lose because of Fox's 2020 coverage. “As of Aug 8,
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