Biden criticizes social media platforms for failing to combat misinformation in farewell address

In his farewell address, President Joe Biden criticized social media platforms like Facebook and X for failing to combat misinformation. He stated that these companies have abandoned fact-checking, allowing lies to spread for profit and power. Biden's comments follow Meta's recent decision to end its fact-checking program, opting for a community notes model. This change aims to appeal to Republicans and the incoming Trump administration. Biden warned that unchecked misinformation could lead to an oligarchy that threatens democracy and basic rights. He emphasized the need for accountability from social media platforms to protect families and democratic values.