This report delves into the pervasive issue of fake news on social media platforms, examining its origins, spread, and impact. It highlights the role of social media platforms like Facebook and Twitter in the dissemination of misinformation and the challenges in regulating content. The report discusses the consequences of fake news, including its potential to influence public opinion and create societal divisions. It also provides recommendations for identifying fake news, such as verifying the source, checking the URL, and reviewing the 'About Us' section of websites. Furthermore, it emphasizes the need for media literacy and critical thinking skills to combat the spread of false information. The report also references relevant academic studies to support its findings and recommendations.