Facebook is back under the microscope for failing to stop the spread of fake news. Sara Fischer, media reporter for AXIOS, joins to explain how the big tech companies are, or are not, addressing the problem.
Fischer explains that Facebook is trying to address the problem by prioritizing local news content over other news sources. However, she wonders if that is enough considering during breaking news, like the school shooting that recently happened, misinformation is still shared.
There are still changes that need to be made. For example, Twitter and Facebook require authentification to cancel an account, but the same is not required to create an account.
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.
Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.