Fake news takes the world

Illustration: Rebecca Zisser / Axios

A global war against fake news is raging, and the U.S. — at the center of the mayhem — is being swallowed by it. Tech giants are creating new policies, but fake news still persists. Regulators want them to do better, but they're nowhere near a concrete policy of their own.

Why it matters: Nobody's winning the war against fake news, except maybe Russia (which is fighting on the other side).