• Title/Summary/Keyword: Fake News on Social Media

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Analyzing Online Fake Business News Communication and the Influence on Stock Price: A Real Case in Taiwan

  • Wang, Chih-Chien;Chiang, Cheng-Yu
    • Journal of Information Technology Applications and Management
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    • v.26 no.6
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    • pp.1-12
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    • 2019
  • On the Internet age, the news is generated and distributed not only by traditional news media, but also by a variety of online news media, news platforms, content websites/content farms, and social media. Since it is an easy task to create and distribute news, some of these news reports may contain fake or false facts. In the end, the cyberspace is full of fake or false messages. People may wonder if these fake news actually influence our decision making. In this paper, we discussed a real case of fake news. In this case, a Taiwanese company used some fake news, advertorial news, and news placement to manipulate or influence its stock price and trade volume. We collected all news for the case company during a period of four years and five months (from January 2013 to May 2017). We analyzed the relationship between published news and stock price. Based on the analysis results, we conclude that we should not ignore the influence of news placement and fake business news on the stock price.

A study on the detection of fake news - The Comparison of detection performance according to the use of social engagement networks (그래프 임베딩을 활용한 코로나19 가짜뉴스 탐지 연구 - 사회적 참여 네트워크의 이용 여부에 따른 탐지 성능 비교)

  • Jeong, Iitae;Ahn, Hyunchul
    • Journal of Intelligence and Information Systems
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    • v.28 no.1
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    • pp.197-216
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    • 2022
  • With the development of Internet and mobile technology and the spread of social media, a large amount of information is being generated and distributed online. Some of them are useful information for the public, but others are misleading information. The misleading information, so-called 'fake news', has been causing great harm to our society in recent years. Since the global spread of COVID-19 in 2020, much of fake news has been distributed online. Unlike other fake news, fake news related to COVID-19 can threaten people's health and even their lives. Therefore, intelligent technology that automatically detects and prevents fake news related to COVID-19 is a meaningful research topic to improve social health. Fake news related to COVID-19 has spread rapidly through social media, however, there have been few studies in Korea that proposed intelligent fake news detection using the information about how the fake news spreads through social media. Under this background, we propose a novel model that uses Graph2vec, one of the graph embedding methods, to effectively detect fake news related to COVID-19. The mainstream approaches of fake news detection have focused on news content, i.e., characteristics of the text, but the proposed model in this study can exploit information transmission relationships in social engagement networks when detecting fake news related to COVID-19. Experiments using a real-world data set have shown that our proposed model outperforms traditional models from the perspectives of prediction accuracy.

An Ensemble Approach to Detect Fake News Spreaders on Twitter

  • Sarwar, Muhammad Nabeel;UlAmin, Riaz;Jabeen, Sidra
    • International Journal of Computer Science & Network Security
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    • v.22 no.5
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    • pp.294-302
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    • 2022
  • Detection of fake news is a complex and a challenging task. Generation of fake news is very hard to stop, only steps to control its circulation may help in minimizing its impacts. Humans tend to believe in misleading false information. Researcher started with social media sites to categorize in terms of real or fake news. False information misleads any individual or an organization that may cause of big failure and any financial loss. Automatic system for detection of false information circulating on social media is an emerging area of research. It is gaining attention of both industry and academia since US presidential elections 2016. Fake news has negative and severe effects on individuals and organizations elongating its hostile effects on the society. Prediction of fake news in timely manner is important. This research focuses on detection of fake news spreaders. In this context, overall, 6 models are developed during this research, trained and tested with dataset of PAN 2020. Four approaches N-gram based; user statistics-based models are trained with different values of hyper parameters. Extensive grid search with cross validation is applied in each machine learning model. In N-gram based models, out of numerous machine learning models this research focused on better results yielding algorithms, assessed by deep reading of state-of-the-art related work in the field. For better accuracy, author aimed at developing models using Random Forest, Logistic Regression, SVM, and XGBoost. All four machine learning algorithms were trained with cross validated grid search hyper parameters. Advantages of this research over previous work is user statistics-based model and then ensemble learning model. Which were designed in a way to help classifying Twitter users as fake news spreader or not with highest reliability. User statistical model used 17 features, on the basis of which it categorized a Twitter user as malicious. New dataset based on predictions of machine learning models was constructed. And then Three techniques of simple mean, logistic regression and random forest in combination with ensemble model is applied. Logistic regression combined in ensemble model gave best training and testing results, achieving an accuracy of 72%.

Detecting Fake News about COVID-19 Infodemic Using Deep Learning and Content Analysis

  • Olga Chernyaeva;Taeho Hong;YongHee Kim;YoungKi Park;Gang Ren;Jisoo Ock
    • Asia pacific journal of information systems
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    • v.32 no.4
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    • pp.945-963
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    • 2022
  • With the widespread use of social media, online social platforms like Twitter have become a place of rapid dissemination of information-both accurate and inaccurate. After the COVID-19 outbreak, the overabundance of fake information and rumours on online social platforms about the COVID-19 pandemic has spread over society as quickly as the virus itself. As a result, fake news poses a significant threat to effective virus response by negatively affecting people's willingness to follow the proper public health guidelines and protocols, which makes it important to identify fake information from online platforms for the public interest. In this research, we introduce an approach to detect fake news using deep learning techniques, which outperform traditional machine learning techniques with a 93.1% accuracy. We then investigate the content differences between real and fake news by applying topic modeling and linguistic analysis. Our results show that topics on Politics and Government services are most common in fake news. In addition, we found that fake news has lower analytic and authenticity scores than real news. With the findings, we discuss important academic and practical implications of the study.

A Study on the Preemptive Measure for Fake News Eradication Using Data Mining Algorithms : Focused on the M Online Community Postings (데이터 마이닝을 활용한 가짜뉴스의 선제적 대응을 위한 연구 : M 온라인 커뮤니티 게시물을 중심으로)

  • Lim, Munyeong;Park, Sungbum
    • Journal of Information Technology Services
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    • v.18 no.1
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    • pp.219-234
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    • 2019
  • Fake news threaten democratic elections and causes social conflicts, resulting in major damage. However, the concept of fake news is hard to define, as there is a saying, "News is not fake, fake is not news." Fake news, however, has irreversible characteristics that can not be recovered or reversed completely through post-punishment of economic and political benefits. It is also rapidly spreading in the early days. Therefore, it is very important to preemptively detect these types of articles and prevent their blind proliferation. The existing countermeasures are focused on reporting fake news, raising the level of punishment, and the media & academia to determine the authenticity of the news. Researchers are also trying to determine the authenticity by analyzing its contents. Apart from the contents of fake news, determining the behavioral characteristics of the promoters and its qualities can help identify the possibility of having fake news in advance. The online community has a fake news interception and response tradition through its long-standing community-based activities. As a result, I attempted to model the fake news by analyzing the affirmation-denial analysis and posting behavior by securing the web board crawl of the 'M community' bulletin board during the 2017 Korean presidential election period. Random forest algorithm deemed significant. The results of this research will help counteract fake news and focus on preemptive blocking through behavioral analysis rather than post-judgment after semantic analysis.

COVID-19-related Korean Fake News Detection Using Occurrence Frequencies of Parts of Speech (품사별 출현 빈도를 활용한 코로나19 관련 한국어 가짜뉴스 탐지)

  • Jihyeok Kim;Hyunchul Ahn
    • Journal of Intelligence and Information Systems
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    • v.29 no.2
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    • pp.267-283
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    • 2023
  • The COVID-19 pandemic, which began in December 2019 and continues to this day, has left the public needing information to help them cope with the pandemic. However, COVID-19-related fake news on social media seriously threatens the public's health. In particular, if fake news related to COVID-19 is massively spread with similar content, the time required for verification to determine whether it is genuine or fake will be prolonged, posing a severe threat to our society. In response, academics have been actively researching intelligent models that can quickly detect COVID-19-related fake news. Still, the data used in most of the existing studies are in English, and studies on Korean fake news detection are scarce. In this study, we collect data on COVID-19-related fake news written in Korean that is spread on social media and propose an intelligent fake news detection model using it. The proposed model utilizes the frequency information of parts of speech, one of the linguistic characteristics, to improve the prediction performance of the fake news detection model based on Doc2Vec, a document embedding technique mainly used in prior studies. The empirical analysis shows that the proposed model can more accurately identify Korean COVID-19-related fake news by increasing the recall and F1 score compared to the comparison model.

A Study on the Legal Regulation of 'Fake News' in the Age of Social Network Services : Focusing on the French Les propositions de loi contre la manipulation de l' information (소셜네트워크서비스 시대 가짜뉴스의 법적 규제에 대한 고찰 : 프랑스 정보조작대처법을 중심으로)

  • Sunhye Kwak;Sungwook Lee
    • Journal of Service Research and Studies
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    • v.12 no.3
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    • pp.144-157
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    • 2022
  • This study began by pointing out the problem of domestic media reporting on 'fake news' regulations that frequently appear through the French 'Les proposals de loi control de l'information'case, while still approaching with different standards and perspectives on where to see fake news. In the age of 'social network services', the answer to what the media is, what the news is, and who the reporter is increasingly difficult. While reviewing the long history and background of the spread of fake news examined in this study, it was confirmed that could not determine the concept and scope of fake news, punished, regulated, controlled, or judged simply by one standard. From the perspective of 'freedom of expression' set by the law, we have the authority to express our opinions freely. In addition, 'online' space is a place where fake news is generated and spread, but at the same time, there is plenty of room to act as an antidote. In the end, the only alternative to the damage of long-term fake news will be to create a media environment that allows more high-quality "real news" to pour out, allowing us to develop our ability to judge reliable information through balanced competition among various news in the free market of ideas.

CoAID+ : COVID-19 News Cascade Dataset for Social Context Based Fake News Detection (CoAID+ : 소셜 컨텍스트 기반 가짜뉴스 탐지를 위한 COVID-19 뉴스 파급 데이터)

  • Han, Soeun;Kang, Yoonsuk;Ko, Yunyong;Ahn, Jeewon;Kim, Yushim;Oh, Seongsoo;Park, Heejin;Kim, Sang-Wook
    • KIPS Transactions on Software and Data Engineering
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    • v.11 no.4
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    • pp.149-156
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    • 2022
  • In the current COVID-19 pandemic, fake news and misinformation related to COVID-19 have been causing serious confusion in our society. To accurately detect such fake news, social context-based methods have been widely studied in the literature. They detect fake news based on the social context that indicates how a news article is propagated over social media (e.g., Twitter). Most existing COVID-19 related datasets gathered for fake news detection, however, contain only the news content information, but not its social context information. In this case, the social context-based detection methods cannot be applied, which could be a big obstacle in the fake news detection research. To address this issue, in this work, we collect from Twitter the social context information based on CoAID, which is a COVID-19 news content dataset built for fake news detection, thereby building CoAID+ that includes both the news content information and its social context information. The CoAID+ dataset can be utilized in a variety of methods for social context-based fake news detection, thus would help revitalize the fake news detection research area. Finally, through a comprehensive analysis of the CoAID+ dataset in various perspectives, we present some interesting features capable of differentiating real and fake news.

FakedBits- Detecting Fake Information on Social Platforms using Multi-Modal Features

  • Dilip Kumar, Sharma;Bhuvanesh, Singh;Saurabh, Agarwal;Hyunsung, Kim;Raj, Sharma
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.17 no.1
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    • pp.51-73
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    • 2023
  • Social media play a significant role in communicating information across the globe, connecting with loved ones, getting the news, communicating ideas, etc. However, a group of people uses social media to spread fake information, which has a bad impact on society. Therefore, minimizing fake news and its detection are the two primary challenges that need to be addressed. This paper presents a multi-modal deep learning technique to address the above challenges. The proposed modal can use and process visual and textual features. Therefore, it has the ability to detect fake information from visual and textual data. We used EfficientNetB0 and a sentence transformer, respectively, for detecting counterfeit images and for textural learning. Feature embedding is performed at individual channels, whilst fusion is done at the last classification layer. The late fusion is applied intentionally to mitigate the noisy data that are generated by multi-modalities. Extensive experiments are conducted, and performance is evaluated against state-of-the-art methods. Three real-world benchmark datasets, such as MediaEval (Twitter), Weibo, and Fakeddit, are used for experimentation. Result reveals that the proposed modal outperformed the state-of-the-art methods and achieved an accuracy of 86.48%, 82.50%, and 88.80%, respectively, for MediaEval (Twitter), Weibo, and Fakeddit datasets.

A Comparative Study of Text analysis and Network embedding Methods for Effective Fake News Detection (효과적인 가짜 뉴스 탐지를 위한 텍스트 분석과 네트워크 임베딩 방법의 비교 연구)

  • Park, Sung Soo;Lee, Kun Chang
    • Journal of Digital Convergence
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    • v.17 no.5
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    • pp.137-143
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    • 2019
  • Fake news is a form of misinformation that has the advantage of rapid spreading of information on media platforms that users interact with, such as social media. There has been a lot of social problems due to the recent increase in fake news. In this paper, we propose a method to detect such false news. Previous research on fake news detection mainly focused on text analysis. This research focuses on a network where social media news spreads, generates qualities with DeepWalk, a network embedding method, and classifies fake news using logistic regression analysis. We conducted an experiment on fake news detection using 211 news on the Internet and 1.2 million news diffusion network data. The results show that the accuracy of false network detection using network embedding is 10.6% higher than that of text analysis. In addition, fake news detection, which combines text analysis and network embedding, does not show an increase in accuracy over network embedding. The results of this study can be effectively applied to the detection of fake news that organizations spread online.