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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
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More Americans are getting their news on Facebook, Twitter

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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July 14, 2015, 3:00 PM ET
US-INTERNET-COMPANY-TWITTER
(FILES) File photo dated September 11, 2013 shows the logo of the social networking website 'Twitter' displayed on a computer screen in London. The San Francisco company Twitter announced on September 12, 2013, in a tweet, that it has submitted papers for a stock offering, the most hotly anticipated in the tech sector since Facebook's last year. "We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale," the company tweeted. Talk of an initial public offering (IPO) has circulated about Twitter for some time, and the Wall Street Journal estimated the company founded in 2006 is worth some $10 billion. Twitter has become one of the fastest-growing and most influential social media services, used widely by celebrities, journalists, politicians and others. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images)Photograph by Leon Neal — AFP/Getty Images

Facebook and Twitter are increasingly being used as sources of news, according to a report from the Pew Research Center.

The research found that 63% of Twitter and Facebook users now use the social media sites as news sources, up from around 50% in 2013 (the most recent data were collected in March 2015).

Twitter (TWTR) and Facebook (FB) have both invested in the news aspects of their operations recently. Twitter has debuted the live video-streaming app Periscope that was quickly picked up and used by journalists, and Facebook has introduced a “Trending Now” sidebar that shows users what’s being discussed most and lets them sort posts by popular topics. Plus, Twitter is on the cusp of introducing Project Lightning, a new initiative that will curate news around live events, including breaking news.

The Pew report found that Twitter’s users follow breaking news on the site at almost double the rate that Facebook users do. Twitter users also see stories about international affairs, national government and politics, business, and sports more frequently than those on Facebook.

Still, for most people on social media, neither Facebook nor Twitter is terribly important for their news consumption. Just 4% of Facebook users and 9% of Twitter users call their platform “the most important way I get news.” However, if Twitter and Facebook have any say in the matter, those numbers might start to increase.

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