Cybersecurity company CHEQ conducted research with the University of Baltimore, which found that the epidemic of online fake news now costs the global economy $78 billion annually. The report, which analyzes the direct economic cost from fake news, also estimates fake news has contributed a loss in stock market value of about $39 billion a year.
A new AP-NORC poll finds 47% of those surveyed said they believe it’s difficult to determine if the information they encounter is correct, while 31% said it is easy to do so. Key finding: “Democrats are more likely to say they rely on scientists and academics, while Republicans are more likely to trust what they hear from President Trump.”
Vice News: “A study released Sunday by The Global Disinformation Index, a UK nonprofit that rates sites’ trustworthiness, found that 70% of roughly 1,700 disinformation sites it analyzed were getting so-called ‘programmatic ads’ — ads placed automatically — from Google, putting brand names such as Audi and Sprint next to junk content.”
CBS News: “Facebook said it saw a ‘steep increase’ in the creation of abusive, fake accounts in the past six months. The company took down more than 3 billion fake accounts from October to March, twice as many as it did in the previous six months.”
From Media Matters: “A fake quote from Rep. Maxine Waters (D-CA) calling for an “illegal immigrant” to be selected for the Supreme Court is spreading on Twitter and Facebook. Multiple radio stations have also pushed the quote on air.
“On June 28, a Twitter account that labeled itself as a ‘parody’ of CNN, with the account name @CNNPoltics, tweeted, ‘Rep @MaxinePWaters: “The next Supreme Court Justice should be an illegal immigrant.”’ The tweet also included a fake CNN chyron saying, ‘Waters: SCOTUS Pick Should Be Illegal Immigrant.’ Twitter has suspended the account.”
A new Axios/Survey Monkey poll finds that 92% of Republicans and Republican-leaning independents say that traditional news outlets “knowingly report false or misleading stories at least sometimes.” Democrats and non-leaning independents also feel this way, but not nearly to the same extent.
A new Monmouth University Poll finds large majorities of the American public believe that traditional media outlets engage in reporting fake news and that outside sources are actively trying to plant fake stories in the mainstream media. More than 3-in-4 Americans believe that traditional major TV and newspaper media outlets report “fake news,” including 31% who believe this happens regularly and 46% who say it happens occasionally. The 77% who believe fake news reporting happens at least occasionally has increased significantly from 63% of the public who felt that way last year.
For a recused guy, he doesn’t act very recused,
Though by his antics on the Hill, we’re still amused.
But he’s tackled the negativity
With some newfound creativity,
Creating a Facebook page with only positive Devin Nunes news.