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casino games download apk WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. Five New York City public employee pension funds, along with Oregon’s public employee retirement fund, allege that former chairman Rupert Murdoch and other Fox Corp. leaders deliberately turned a blind eye to liability risks posed by reporting false claims of vote rigging by election technology companies Dominion Voting Systems and Smartmatic USA. Smartmatic is suing Fox News for defamation in New York, alleging damages of $2.7 billion. It recently settled a lawsuit in the District of Columbia against One America News Network, another conservative outlet, over reports of vote fraud. Dominion also filed several defamation lawsuits against those who spread conspiracy theories blaming its election equipment for Donald Trump’s loss in 2020. Last year, Fox News settled a defamation lawsuit filed by Dominion in Delaware for $787 million. The shareholder plaintiffs also allege that Fox corporate leaders ignored “red flags” about liability arising from a 2017 report suggesting that Seth Rich, a Democratic National Committee staffer, may have been killed because he had leaked Democratic party emails to Wikileaks during the 2016 presidential campaign. Rich, 27, was shot in 2016 in Washington, D.C., in what authorities have said was an attempted robbery. Fox News retracted the Seth Rich story a week after its initial broadcast, but Rich’s parents sued the network for falsely portraying their son as a criminal and traitor. Fox News settled the lawsuit in 2020 for “millions of dollars,” shortly before program hosts Lou Dobbs and Sean Hannity were to be deposed, according to the shareholder lawsuit. Joel Friedlander, an attorney for the institutional shareholders, argued that Fox officials waited until the company’s reporting about Rich became a national scandal before addressing the issue. Similarly, according to the shareholders, corporate officials, including Rupert Murdoch and his son, CEO Lachlan Murdoch, allowed Fox News to continue broadcasting false narratives about the 2020 election, despite internal communications suggesting that they knew there was no evidence to support the conspiracy theories. “The Murdochs could have minimized future monetary exposure, but they chose not to,” Friedlander said. Instead, he argued, they engaged in “bad-faith decision making” with other defendants in a profit-driven effort to retain viewers and remain in Trump’s good graces. “Decisions were made at the highest level to promote pro-Trump conspiracy theories without editorial control,” Friedlander said. Defense attorneys argue that the case should be dismissed because the plaintiffs filed their lawsuit without first demanding that the Fox Corp. board take action, as required under Delaware law. They say the plaintiffs also failed to demonstrate that a pre-suit demand on the Fox board would have been futile because at least half of the directors face a substantial likelihood of liability or are not independent of someone who does. Beyond the “demand futility” issue, defense attorneys also argue that allegations that Fox officials breached their fiduciary duties fail to meet the pleading standards under Delaware and therefore should be dismissed. Defense attorney William Savitt argued, for example, that neither the Rich settlement, which he described as “immaterial,” nor the allegedly defamatory statements about Dominion and Smartmatic constitute red flags putting directors on notice about the risk of defamation liability. Nor do they demonstrate that directors acted in bad faith or that Fox “utterly failed” to implement and monitor a system to report and mitigate legal risks, including defamation liability risk, according to the defendants. Savitt noted that the Rich article was promptly retracted, and that the settlement included no admission of liability. The Dominion and Smartmatic statements, meanwhile, gave rise themselves to the currently liability issues and therefore can not serve as red flags about future liability risks, according to the defendants. “A ‘red flag’ must be what the term commonly implies — warning of a risk of a liability-causing event that allows the directors to take action to avert the event, not notice that a liability-causing event has already occurred,” defense attorneys wrote in their motion to dismiss. Defense attorneys also say there are no factual allegations to support claims that Fox officials condoned illegal conduct in pursuit of corporate profits, or that they deliberately ignored their oversight responsibilities. They note that a “bad outcome” is not sufficient to demonstrate “bad faith.” Vice Chancellor J. Travis Laster is expected to rule within 90 days.

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Senior executives from Dell are urging enterprise leaders across the Asia-Pacific region to create chief AI officer roles and to adopt a “top-down” approach to AI implementation. While 2024 has primarily seen early adopters experimenting with AI in production, Dell anticipates a pivotal shift in 2025, with more enterprises transitioning from proof-of-concept initiatives to deploying AI as core projects that deliver measurable returns on investment . John Roese, Dell’s global chief technology officer and chief AI officer, emphasised in a media briefing that the region’s primary challenge is not the technical feasibility of AI but rather creating the right organisational strategy and framework to ensure successful adoption. SEE: Dell’s 5 Tips for Enterprises Wanting to Accelerate AI Innovation “If you’re not the chief AI officer and you’re not empowered and supported by your board and your leadership, your ability to prioritise the right AI work in a company is limited,” he said. “You may not get any budget, you may not have control, and there may be competing AI efforts that are not the right ones.” The rise of chief AI officer roles in Asia-Pacific Peter Marrs, Dell’s president for the Asia Pacific, Japan, and Greater China region, explained at the briefing how he regularly meets with CTOs and CEOs across the region. As recently as November 2024, Marrs observed signs of AI project overload, with one customer managing over 300 AI projects simultaneously. “I am seeing in some of the biggest customers in the world, where they don’t have that strategy locked down, they’re still kind of swinging all over the place,” Marrs said. SEE: A Sovereign Cloud Boom is Happening In APAC Right Now To overcome these challenges, Marrs said more companies in APAC are now appointing chief AI officers to steer AI strategies. This is expected to bring more coherence and focus on enterprise AI strategies. “We are seeing a lot of our customers right now, especially the more mature enterprise customers, making investments in chief AI officers,” he noted. While they are also appointing AI committees with representation from business units, such as marketing, software development, and manufacturing, these business units are ultimately led by a chief AI officer. “Sometimes the CIO is playing a dual role, but more and more we are seeing companies investing in CIOs or chief AI officers to help them on their strategy and path forward around their AI enablement.” The benefits of the ‘top-down’ approach to implementing AI Roese said the biggest issue for companies rolling out AI is no longer technology or methodology, which Dell believes it has solved for its customers with its defined “AI factory” model and approach . Instead, Roese said: “The thing that is still an issue which we are seeing, which has nothing to do with technology, is organisational complexity. How to do [AI] is becoming clearer, but how to organise a company to do it successfully is the really big active conversation right now,” he explained. Roese explained that even the most advanced companies are still struggling “to build the right organisational model to make sure they have an empowered leader” for AI “who can actually make strategic decisions.” This AI leadership role would involve confronting the reality that “some people won’t like those decisions” made about AI strategy and having the authority to enforce the chosen direction among business leaders. Roese said Dell was “very thoughtful” about internally structuring its AI efforts. The business has implemented measures to ensure all AI projects are “top-down and strategic.” Leveraging this top-down approach, all AI projects and use cases now require approval from Roese, CIO Doug Schmidt, and COO Jeff Clarke. SEE: Rethinking AI: How Organisations Can Become More Sensitive & Resilient “We knew that it would be impossible to get a consensus amongst all the business leaders about what the single most important AI project was to go implement, because all of them are important to our business leaders,” Roese explained. “But our ability to implement them is limited to only a handful at a time.” Roese strongly favors the top-down approach over the “bottom-up” option. While the bottom-up approach, where a business unit creates and implements an AI project, can foster innovation and experimentation, it may lead to misaligned priorities and inefficiencies without clear oversight and direction. Roese warned that this approach “cannot happen in the organisation.” SEE: AI Market Trends: Key Insights & How Enterprises Should Adapt Return on investment to spike in 2025 According to Dell, the first wave of AI return on investment will start next year . Roese said this will come in the form of savings, revenue, margin improvement, or significant changes in outcomes and result from having figured out through experimentation over the last two years how to use AI effectively. “We have seen that most of the AI tools needed to do enterprise AI have become standardised and turnkey,” he explained. “You do not need to build your own coding assistant. You can simply buy one and implement one on premise. There is now a clear methodology for implementing AI. “And what we have learned is, if you pick the right projects and approach them the right way , there is significant business impact in terms of hard ROI dollars. And that is important because enterprises do not like going first into an area where there is no proof they will be successful.”

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