I gotta say I find the whole 'fake news' thing amusing.
If people had listened...not heard but LISTENED to a lot of us ex journo types when we said 'do not trust anything you read, ever' from the media, people might notice that they have been giving you 'Fake News" for many, many years.
The only difference I see is that no one put a buzz word on it till recently. If someone wants to tell me what difference in any capacity, there is for example, between Rathergate, The 2000 election coverage, Mike Mann's Hockey Stick/Hide the Decline and the modern 'Fake News' pumped out by the internet sites, I'm all ears.