There's a spotlight on Facebook as the social media giant reports earnings Wednesday. The company faces increasing scrutiny over fake news on its platform. Flipboard CEO Mike McCue explains the lessons he thinks Facebook needs to learn from journalism.
"When you are building algorithms that are responsible for informing entire populations, the whole society of people you want to make sure you are applying basic journalistic principles, " said McCue. The five lessons McCue says algorithms must learn from journalism include truth and accuracy, independence, fairness and impartiality, humanity, and accountability.
Facebook recently updated its algorithm to prioritize friends and family over media publishers. McCue says Facebook's algorithms should be controlled by journalists.
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From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Just days following the presidential election, Twitter has stepped up its efforts to crackdown on misinformation, but questions are being raised about how marketers and users will interact with social media platforms going forward. Cheddar's Michelle Castillo reports.
Retired astronaut Dr. Peggy Whitson joined Cheddar to discuss what we can expect while watching the SpaceX launch on Saturday.
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Sony's Playstation 5 launch saw retailers sold out within minutes today. Eric Lempel, SVP and global head of marketing with Sony Interactive Entertainment, joined Cheddar to discuss anticipation for the new system and the growing popularity of gaming.
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The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene.
Lauren Dillard, EVP, head of global information services at Nasdaq, joined Cheddar to discuss tools rolled out to help retain retail investors.
