New York CNN —LinkedIn co-founder Reid Hoffman is providing significant financial firepower to Smartmatic as the voting technology company fights Fox News and Newsmax over the right-wing networks’ repeated airing of 2020 election lies. A person with knowledge of the matter wouldn’t say exactly how much money Hoffman poured into Smartmatic but told CNN the eight-figure investment surpassed $10 million. Smartmatic is seeking billions of dollars in damages from Fox News, Newsmax and other right-wing figures that falsely accused the company of rigging the 2020 election. The voting technology company’s defamation lawsuit against Fox News is still in the fact-finding “discovery” phase and isn’t expected to go to trial until 2025. Smartmatic is also suing Trump 2020 campaign lawyer Sidney Powell and MyPillow CEO Mike Lindell – two of the most egregious peddlers of election disinformation.

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Persons: Reid Hoffman, Hoffman, “ Smartmatic, ” Hoffman, “, Donald Trump, Smartmatic, Antonio Mugica, Mugica, Hoffman “, “ doesn’t, Trump, Joe Biden, ” Mugica, Biden, ”, Sidney Powell, Mike Lindell –, Powell, ” Lindell, Christopher Kachouroff Organizations: New, New York CNN, LinkedIn, Fox, Democratic, The Washington Post, CNN, Trump, Republican, Fox News, Fox Corporation, Delaware Superior Court, America News, Fox News Media, Justice Department Locations: New York, Smartmatic, Delaware Superior, Philippines, Fox, Dominion