Lachlan Murdoch Drops Defamation Suit Against Crikey

Lachlan Murdoch, co-chair of News Corp and CEO of Fox Corporation, has dropped his defamation lawsuit against Australian news website Crikey. Murdoch's decision came days after Fox News settled a historic defamation lawsuit with Dominion Voting Systems for a record $787 million. Lawyers for Crikey had indicated they would use evidence that related to the Dominion suit in their case, which was due to go to trial this year. Crikey had set up a fund-raising campaign to defend the case, which had raised AU$588,735 (about $396,000) as of Thursday.