An Indo-Canadian businessman, who is originally from Bhuj, Gujarat, has been awarded $1.2 million in damages after he was defamed in a series of fake news articles instigated by a prominent American blockchain investor. It is one of the biggest compensations of its kind in Canada. Vancouver-based Altaf Nazerali had[Read More…]
Tag: Fake news on social media
Facebook loses $120 billion in market value over slow growth
Facing global backlash over the massive Cambridge Analytica data scandal, Facebook stock nosedived 20 per cent — wiping over $120 billion off the company’s market value — after its revenue and user growth in the second quarter of 2018 fell short of investor expectations. The social media giant late on[Read More…]
WhatsApp to bring fake news verification model Verificado in India
In its effort to prevent misuse of the platform ahead of general election in India in 2019, Whatsapp is planning to bring a fake news verification model, Verificado, in India. The model was recently used in Mexico Presidential election, where users attempt to spread rumours to Verificado’s Whatsapp account were[Read More…]
Facebook disallows modified link previews to combat fake news
As fake news continue to infiltrate social media sites and misleading many, Facebook is launching a new feature that can prevent fake news from making it on the social network. In the process of elimination of fake news, it has started killing non-publisher Pages’ ability to edit the link previews[Read More…]