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.
Going home for the holidays can be pretty expensive, especially if you're a student. Cheddar News senior reporter Michelle Castillo provided tips on how to save ahead of the holiday season.
Alaska Airlines is buying Hawaiian Airlines, stocks finished at their highest level on Friday and are on the way to concluding 2023 on a positive note as Bitcoin surged. And Spotify is laying off workers, again.
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Alaska Airlines is planning to buy Hawaiian Airlines for $1.9 billion.
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It's the beginning of the great wealth transfer, according to UBS.
Fed Chair Jerome Powell said higher rates are here to stay for now.
