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A new study by the American Press Institute and the Associated Press-NORC Center for Public Affairs Research finds that most people who use social media to get news often don't trust the content.

Fewer than 25% of people have a "great deal" of trust for social media as news sources overall, and that number plummets to 12% for Facebook. Overall, Snapchat had highest percentage of people willing to say they don't trust the platform at all.

Expand chart
Data: American Press Institute; Chart: Andrew Witherspoon / Axios

Why it matters: Around 62% of U.S. adults get news on social media, and according to Pew, 68% of people don't trust the news they see or read, which is the highest distrust rate the U.S. has ever seen. In a separate study, Pew found that the social platforms people intentionally visit the most to get news are Linkedin, Twitter and Reddit, and the sites people stumble upon most to accidentally receive news are Facebook, Instagram and Youtube.

Go deeper

Moderna says vaccine appears to protect against new COVID-19 variants

Photo: Justin Tallis/AFP via Getty Images

Moderna's COVID-19 vaccine is effective against new variants of the virus that first appeared in the U.K. and in South Africa, the company announced on Monday.

Yes, but: The vaccine was as effective against the strain from U.K., but saw a six-fold reduction in antibodies against the South Africa variant. Even still, the neutralizing antibodies generated by the vaccine "remain above levels that are expected to be protective," according to the company.

Dave Lawler, author of World
Updated 1 hour ago - World

Xi Jinping warns against "new cold war" in Davos speech

Chinese President Xi Jinping. Photo: Wang Zhao - Pool/Getty Images

Chinese President Xi Jinping warned that a "new cold war" could turn hot, and must be avoided, in a speech on Monday at World Economic Forum’s virtual “Davos Agenda” conference.

Why it matters: Xi didn't refer directly to U.S.-China tensions, but the subtext was clear. These were his first remarks to an international audience since the inauguration of President Biden, whose administration has already concurred with Donald Trump's determination that China is committing "genocide" against Uyghur Muslims, and issued a warning about China's aggression toward Taiwan.

Updated 2 hours ago - Politics & Policy

Dominion files $1.3 billion defamation lawsuit against Rudy Giuliani

Photo: Rey Del Rio/Getty Images

Dominion Voting Systems filed a defamation lawsuit against Rudy Giuliani on Monday seeking $1.3 billion in damages for his "demonstrably false” allegations about the company's voting machines.

Why it matters: Giuliani led former President Trump's efforts to overturn the results of the election and spread the baseless conspiracy theory that Dominion's voting machines flipped votes from Trump to Joe Biden.