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Photo: Sarah Silbiger for The Washington Post via Getty Images

Dominion Voting Systems on Friday filed a defamation lawsuit seeking $1.3 billion in damages against Sidney Powell, a pro-Trump lawyer who has pushed unfounded conspiracy theories alleging that the company was involved in an international communist plot to rig the election against President Trump.

The big picture: Dominion alleges that Powell acted "in concert with allies and media outlets determined to promote a false preconceived narrative about the 2020 election—caused unprecedented harm." In an interview with the Axios Re:Cap podcast last week, Dominion CEO John Poulos did not rule out suing Trump himself.

What they're saying: "As a result of the defamatory falsehoods peddled by Powell ... Dominion’s founder, Dominion’s employees, Georgia’s governor, and Georgia’s secretary of state have been harassed and have received death threats, and Dominion has suffered enormous harm," the lawsuit reads.

  • "After Dominion sent Powell a letter putting her on formal notice of the facts and the death threats and asking her to retract her false claims, Powell doubled down, tweeting to her 1.2 million Twitter followers that she heard that “#Dominion” had written to her and that, although she had not even seen Dominion’s letter yet, she was “retracting nothing” because “[w]e have #evidence” and “They are #fraud masters!""
  • "Dominion brings this action to set the record straight, to vindicate the company’s rights under civil law, to recover compensatory and punitive damages, to seek a narrowly tailored injunction, and to stand up for itself and its employees."

The other side: Powell wrote on Twitter Friday, "Dominion’s suit against me & DefendingTheRepublic.org is baseless & filed to harass, intimidate, & to drain our resources as we seek the truth of Dominion's role in this fraudulent election. We will not be cowed in exercising our 1st Amendment rights or seeking truth."

Read the full lawsuit.

This story is developing. Please check back for updates.

Go deeper

Fed chair says low interest rates aren't driving stock market prices

Jerome Powell. Photo: ANDREW CABALLERO-REYNOLDS / Getty Images

Federal Reserve chairman Jerome Powell told reporters on Wednesday that rock-bottom interest rates aren't playing a role in driving stock prices higher, while noting that vulnerabilities to the financial system are "moderate."

Why it matters: The statement comes amid unshakeable stock prices and a Reddit-fueled market frenzy — prompting widespread fears of a bubble and the role monetary policy has played in that.

Study: Social media giants failing to remove most antisemitic posts

Facebook CEO Mark Zuckerberg speaking virtually during a March House Energy and Commerce Subcommittees hearing on a laptop computer in Tiskilwa, Illinois. Photo: Daniel Acker/Bloomberg via Getty Images

Five social media giants failed to remove 84% of antisemitic posts in May and June — and Facebook performed the worst despite announcing new rules to tackle the problem, a new report finds.

Driving the news: The Center for Countering Digital Hatred (CCDH) notes in its study that it reported 714 posts containing "anti-Jewish hatred" to Facebook, Twitter, Instagram, Youtube and TikTok — which were collectively viewed 7.3 million times. These "clearly violated" company policies, according to the CCDH.

Ina Fried, author of Login
Updated 2 hours ago - Sports

Transgender weightlifter Laurel Hubbard: "It gets better"

New Zealand weightlifter Laurel Hubbard became the first openly transgender woman to compete in the Olympics. Ina Fried/Axios

Laurel Hubbard, speaking to reporters after becoming the first openly transgender woman to compete in the Olympics, on Tuesday expressed gratitude for the opportunity to compete as an athlete and convince transgender people to work through adversity.

What she's saying: "All I have ever really wanted as an athlete is just to be regarded as an athlete," Hubbard, said in response to a question from Axios. "I suppose the thing I have been so grateful here in Tokyo is just being given those opportunities to just go through life as any other athlete."