This isn't fake news, but it is old news, nearly a year old.
Although it can't be checked on site right now because of the US Gov shutdown,
reddit reported a revision to this
8.1.2 Bitcoin Cash (BCH or BCC1)
In 2017, Bitcoin users adopted an improvement proposal for Segregated Witness (known as SegWit, where transactions are split into two segments: transactional data, and signature data) through a soft fork. SegWit made it possible to store transactional data in a more efficient form. However, a group of users had different opinions on how Bitcoin should evolve – and developed a hard fork of the Bitcoin blockchain titled Bitcoin Cash. Rather than implementing the SegWit changes, the developers of Bitcoin Cash decided to increase the maximum blocksize (additionally the developers made changes to other aspects of the system, such as the difficulty adjustment algorithm). When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.