YouTube to invest $25mn in countering fake news
San Francisco, July 1 : Video sharing platform YouTube has announced that it will invest $25 million to fight against fake news, especially for the urgent coverage of breaking news.
YouTube, which is owned by Google, said on Monday that this investment will be part of the Google News Initiative (GNI), first introduced in March by the tech giant to help the media and to deal with fake news, reports Efe news.
In addition, YouTube presented a series of new features on its website to help users avoid hoaxes.
Beginning in the coming weeks, when YouTube users in the US search for videos on breaking news, they will see short excerpts of the news as well as the links to different media.
In addition, YouTube will provide links to Wikipedia or the Encyclopedia Britannica with controversial videos or conspiratorial issues, such as the Moon landing.
"We remain committed to working with the journalism community to build a more sustainable video ecosystem for news organizations," said YouTube Chief Product Officer Neal Mohan and YouTube's Chief Business Officer, Robert Kyncl.
The two admitted that "there is a lot of work to do", but underlined that they will try to "provide a better experience to users who come to YouTube every day to learn more about what is happening in the world from a diversity of sources".
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Mangaluru man duped of Rs 10.55 lakh in Instagram ‘digital gold’ investment scam
Mangaluru: A 57-year-old man has allegedly been cheated of Rs 10.55 lakh by online fraudsters who lured him into investing in a so-called digital gold trading platform through Instagram, Deccan Herald reported on Tuesday.
According to the complaint, the victim was browsing Instagram at his residence on November 12, 2025, when he received a message from an account named “Suhani Patel.” The accused initiated a friendly conversation and later persuaded him to invest in the “digital gold market,” promising high returns.
The accused subsequently shared a mobile number and sent a link via WhatsApp, asking the complainant to install an application called “Kanak Daam Exchange.” Following the instructions, the victim downloaded the app and registered.
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The accused told the complainant that all transactions would be handled through the app’s customer service. Following their instructions, the complainant contacted the customer service through the app and sent a message requesting US dollars in exchange for Indian rupees. He was then directed to transfer money to specific bank accounts provided by the accused.
Trusting the claims, the complainant transferred Rs 1,50,000, Rs 3,45,000 and Rs 5,60,000 in multiple transactions, amounting to a total of Rs 10,55,000.
Subsequently, the app displayed that his total investment had grown to Rs 60 lakh. However, when he attempted to withdraw the amount due to personal financial needs, the request was denied. On contacting customer service, he was informed that he would have to pay 30 per cent of the total amount as “tax” before any withdrawal could be processed.
Growing suspicious, the complainant reportedly consulted officials at Canara Bank, who advised him that it was a fraud and warned him not to transfer any more money. When he confronted the accused, the amount displayed in the app was allegedly reduced to zero, and he was blocked from further communication.
Despite further attempts to contact “Suhani Patel,” the accused allegedly continued to assure him that the lost money would be returned, before eventually blocking him.
The complainant stated that he was cheated between November 12, 2025 and February 27, 2026, and has urged police to take action against the fraudsters.
A case has been registered, and further investigation is underway.
