News Media Alliance: Google, Facebook Business Models Fuel Fake News
The head of the News Media Alliance, which represents almost 2,000 newspapers, told the House Oversight Committee Information Technology Subcommittee in a hearing on political ad laws that Google, Facebook and other edge players are news gatekeepers that have fueled fake news and "harmed the integrity of content and advertising." That is because the edge business model is based on "not exercising responsibility over the integrity of content of the advertising that sustains its foundation."
"It is now time that Google and Facebook be asked to make the same commitments as publishers and modernize their platforms to help stem the flow of misinformation—a problem that is largely of their own making," said David Chavern, NMA president. He said Federal Election Commission rules should require disclosures within internet ads, and that Google and Facebook should update their business models to elevate reputable content in search and news feeds.
News Media Alliance: Google, Facebook Business Models Fuel Fake News