NewsPicks CEO: Humans, Not Algorithms, Pick Content to Counter Fake News
*By Michael Teich*
At a time when misinformation floods digital news platforms, and internet trolls take over comment sections, online news platform NewsPicks is turning to high-profile curators for quality content.
Curation led by trusted sources increases the "chance of bringing in the best content that's obviously not fake," said CEO Ian Myers.
The growing need to purge tech sites of potentially problematic content was highlighted most recently by Twitter which, [according to the Washington Post](https://www.washingtonpost.com/technology/2018/07/06/twitter-is-sweeping-out-fake-accounts-like-never-before-putting-user-growth-risk/), suspended 70 million fake accounts over the last two months and was banning more than a million accounts a day.
Fears that such a culling would cut into user growth sent shares of Twitter reeling Monday, though the stock was about to pare losses after CFO Ned Segal [tweeted](https://twitter.com/nedsegal/status/1016371745933033472) that such accounts were not counted in the company's metrics.
Still, the way news is digested and delivered is undergoing a period of disruption, and tech companies such as Apple, Google, and Facebook are looking to seize the market. But the aggregation by Silicon Valley natives lacks originality, Myers told Cheddar.
“It’s commodity news. Doesn’t matter where you get it. It’s just where you click first.”
NewsPicks is owned by a Japanese media company that also acquired Quartz last week for up to $110 million.
For the full segment, [click here.](https://cheddar.com/videos/newspicks-ceos-key-to-winning-digital-news-quality-over-quantity)
Volatility continues to be the name of the game when it comes to crypto. Bitcoin, the most valuable digital token, saw a small jump today - one of several small rallies throughout the month of March. Caitlin Cook, vice president of crypto education company Onramp Academy, joins Cheddar News' Closing Bell to discuss.
Bowery Farming's vertical growing process allows it to cultivate 13 types of greens — and now, strawberries — in a sustainable way that's also faster than traditional farming. Bowery focuses on sustainability from start to finish, using unique technology to provide plants with what they need at the right time while eliminating waste and cutting down on carbon dioxide emissions. Katie Seawell, Chief Commercial Officer of Bowery Farming, joins Closing Bell to discuss the company's vertical farming process, sustainability focus, fixing the food supply chain, and more.
Nexii, a company based in Canada, is getting some big backing for its sustainable, low-carbon concrete alternative. CEO Stephen Sidwell, joined Cheddar News to talk about the initiatives his company is taking to tackle climate change and scaling up production to meet demand. "Most people don’t realize it, but buildings are the number one contributor to CO2 emissions," he said. "So that's really what we're attacking, the overall CO2 emissions."
President Volodymyr Zelenskyy last week seemed to have put out a video that urged Ukrainians to put down their arms and surrender to Russia. It was later revealed that it was a “deepfake,” a computer-generated video to mimic the Ukrainian leader. Cheddar News speaks with security expert Morgan Wright about how the technology is being used in the war in Ukraine.
After scrutiny over the negative impact on the mental health of children, social media apps have begun adding stricter limitations to parental controls. Jim Steyer, CEO of Common Sense Media, a nonprofit organization focusing on recommendations for entertainment platforms, joined Cheddar News to talk about the changes, why they might not be enough, and what parents can do to help. "It's almost that the companies — whether they're Snapchat, Instagram, YouTube, or whatever — have to start the process from the beginning of designing the product," he said. "They have to be much more clear about age verification so that a 12-year-old and 11-year-old can't get on there." Steyer also pushed for federal legislation to reign in the issue.
Catching you up on what you need to know on March 25, 2022, with Ukrainian forces retaking Kyiv, 300 deaths reported from the bombing of a theater used as a shelter in Mariupol, U.S. regulators ditch a climate review of natural gas projects, the 94th Academy Awards, and more.