
The news of the out-of-court settlement between Fox News and the electronic vote counting company Dominion Voting Systems went global, both for the amount the American television network was asked to pay, and for the admission of fake news.
At the center of the controversy was Dominion’s Greek-Canadian President and CEO John Poulos, who appeared smiling after the $787.5 million settlement Fox, owned by Rupert Murdoch, agreed to pay for defamation.
The media mogul’s company, which had been criticized for its role in the events in Washington and for insisting on the theory of “malicious” software used in some US states that decided the election result, accepted the compromise knowing that in a trial he might have paid much more. He added to this fact his earlier statement in which he confirmed what he knew the presenters of the shows on his channel were lying about electoral fraud, but he himself chose not to intervene to stop it.
The news was announced “on the air” of Fox News by Neil Cavuto, one of the channel’s best-known presenters. “Fox News has agreed to pay $787.5 million in a settlement following a defamation lawsuit by Dominion. This information comes from the Wall Street Journal. The settlement prevents a trial of allegations that Fox, its hosts and guests, had advanced complaints about the technological reliability of the election process in the 2020 election.”
Who is John Poulos?
The 45-year-old entrepreneur founded Dominion in 2002 with the goal of improving the electoral process through the application of technology. Dominion is now in hundreds of cities in the US and Canada and was initially used in local polls, including polling stations in the 2010 Ontario election.
Gradually the company grew, offering technology equipment and services for the entire electoral process in many countries, from compiling voter lists and recording when they voted, counting votes, to remote voting technologies.
Recognizing that automated voting technology could allow disenfranchised voters to have their say, he co-founded the Delian Project, a non-profit organization that aims to help post-war and emerging democracies implement positive changes in their electoral process through the application of technology.
He was selected as one of the top 40 entrepreneurs under 40 from different sectors of the economy who are innovating and excelling in Canada. At the same time, his company has been included in Deloitte’s list of the top 50 technology companies for four consecutive years. He was awarded the Queen’s Diamond Jubilee Award in 2013 for his philanthropic work and was recognized as “40 under 40” among the Greek diaspora in America.
Poulos holds a degree in Electrical Engineering from the University of Toronto and an MBA from INSEAD.
He coaches youth hockey and mentors young aspiring business students, and is part of an alliance of Greek-Canadian entrepreneurs who share a common goal of preserving their heritage.

“Fox admits it lied”
Exiting the courthouse, John Poulos said, “Fox has admitted to lying about Dominion that caused tremendous harm to my company, our employees and the customers we serve. Nothing can ever make up for that,” he noted. He even did not fail to say that “true reporting in the media is essential to our democracy.”
For his part, Dominion’s lawyer, Justin Nelson, said that the amount is representative and is a vindication for his client, while he said after the announcement of the decision that “lies have consequences.”


Latest News

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)

Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign