News can be false, misleading, disproven, untrustworthy, and many shades in between. In fact there are a lot more angles to information than a False/True boolean. Some things can be true in a certain context, but not others. Sometimes untested or fringe news outlets have real stories (Drudge Report, was, for example, was the first news outlet to break the Monica Lewinsky scandal). Sometimes trustworthy news outlets deliver a misleading stories, as in the case of Iraq WMDs or Y2K.
A better way to phrase things would be to use more nuance to describe the state of reporting on current events. But since skepticism and logic don't increase readership or viewership, unfortunately those qualities aren't encouraged among the discourse going around these days.