The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Most American adults don't get their news from social media, and those who do don't really trust what they're getting.
That's according to new data from Pew Research published Thursday that analyzed the news consumption habits of American adults. The study found that only 38 percent of U.S. adults get news online, and just 18 percent of American adults get news from social media.
Pew also found that the vast majority of people don't trust what they read on social media. Just 4 percent of internet-using U.S. adults trust social media information "a lot" and 30 percent trust it "some." Meanwhile, 32 percent trust it "not at all" and 33 percent trust it "not too much."
Read more from Recode:
Twitter is talking to the NBA, MLS and Turner to buy rights to more sports streams
The challenge of selling technology experiences
Facebook wants you to use Facebook Live, but is it ready to handle what happens on it?
Those numbers include people who don't actually get information on social media (perhaps because they don't find it trustworthy), but trust is hard to come by even among adults who do use social sites for news. Of adults who turn to social media for news, only 7 percent trust that information "a lot."
Trust in the media isn't high anywhere, though. Only 18 percent of respondents trust national news organizations "a lot" and just 22 percent trust local news organizations. Still, for both of those groups, around 80 percent trust it at least "some."
Is this lack of trust in social media a problem for media companies? It's probably not good! Virtually every media publisher in America is distributing its news via social media. And some new media companies like BuzzFeed and Bleacher Report all but forgo homepages and rely on the likes of Facebook and Twitter as key traffic drivers. A perception that social media isn't a great place to get reliable information isn't good for anyone in the media world.
— CNBC's parent NBCUniversal is an investor in Recode's parent Vox, and the companies have a content-sharing arrangement.