Fake news on Twitter travels six times faster than real news and reaches far more users according to a study released by researchers at MIT. Can fake news be stopped?
Sascha Segan is the lead analyst for PCMag.com. Segan joins Cheddar to explain why this problem is so rampant and what needs to be done to stop the problem.
Segan explains that falsehoods are a hard problem to deal with unless the platforms, Facebook and Twitter are willing to take responsibility and control the problem.
Segan says lies are so shareable because they can be constructed to be as fun as possible. In his words, "Lies have no boundaries."
In terms of fixing this problem, Segan says Twitter and Facebook need to come to grips with the fact they are publications and they are editors. They need to take responsibilities over their platforms and seek out lies.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
