The "fake news" part is always disputable on a case by case basis, but the "elite" part is indisputable. A very small number of very wealthy people get to decide the range of opinions that are acceptable, and the deviations that get administrative comments. The mods aren't the auteurs - mods that correct incorrectly will be fired. Close calls rattle up the chain of command until they hit the CEO/Founder, who is often a billionaire, always very wealthy, always of a particular demographic.
And now, the media establishment is doing some kind of re-think, and it turns out that while far from proven, a lab leak (which covers a variety of scenarios, most not involving any kind of "engineered" virus) is a reasonable hypothesis. If that's so, why the capricious banning and warning labels?
We've seen similar situations play out in the past year with masks (at first, they were unnecessary and racist, then absolutely critical, now it's changing again). How about just let people decide for themselves? There will always be some conspiracists on both the left and right, but most people figure this stuff out in a reasonable manner.
That's getting tenuous. Fully 25% of the populace believe "alternative facts" that their Representatives claim are true, but those Representatives cite those very people as the source of truth! It's "citogenesis" in the real world!
I don't see that as a problem.