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It still doesn't change the fact that news orgs universally lack the time to conduct real journalism

It doesn't change it because it's not a fact, let alone a universal one

fake news is a direct result of reducing the time that journalists have to vet and verify content.

No it isn't. "Fake news" is not a synonym for "shoddy journalism" - it's not journalism at all but a deliberate attempt to mislead.

It doesn't have to be deliberate but it can be completely unintentional. Let's take a look at the latest rumor mongering about Trump -- many news orgs have happily reported that intelligence agencies have evidence of Watergate-level wrongdoing and they've thrown in sexual deviancy for good measure, but all of it is unsubstantiated.

I'd expect reputable news orgs to not touch the issue until we see public statements by public officials but they're talking it up like no tomorrow. This is fake news and it qualifies just as well as shoddy journalism.

It doesn't have to be deliberate but it can be completely unintentional.

That's not what 'fake news' means.

many news orgs have happily reported that intelligence agencies have evidence of Watergate-level wrongdoing and they've thrown in sexual deviancy for good measure

No reputable news organization has reported that. I understand how you can be unhappy with the state of journalism but your arguments are not helped in any way by you inventing 'facts', redefining terms or completely misrepresenting reporting.

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