Fallout for Fox, AI in the Markets, & News at Netflix 04/19/23
Fox Corp. has agreed to pay $787.5 million to Dominion Voting Systems to settle a defamation lawsuit over false claims that Dominion’s machines swayed the outcome of the 2020 presidential election. Tom Rogers, Gamesquare executive chairman, and Barton Crockett, Rosenblatt Securities senior analyst, discuss the fallout from Fox Corp’s defamation lawsuit settlement and the future of Fox. CNBC’s Eamon Javers also discussed the settlement with Hootan Yaghoobzadeh, co-founder of Staple Street Capital, the private equity firm that owns Dominion Voting Systems. Nasdaq CEO Adena Friedman discusses A.I.’s role in the markets and how the exchange is implementing the technology for safety and efficiency. Plus, Google is launching its first foldable smartphone, and Netflix delays its password-sharing crackdown. In this episode: Adena Friedman, @adenatfriedman Eamon Javers, @EamonJavers Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie
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