What the phrase Rumor has it means?

"Rumor has it" is a phrase that means "people are saying" or "it is being said". It implies that the information being shared is not confirmed or officially verified, but rather comes from gossip or hearsay.

Here are some ways to understand the phrase:

* Unverified information: It suggests that the information may not be true.

* Gossip and hearsay: It implies that the source of the information is not reliable.

* Speculation: It indicates that people are speculating or guessing about something.

Example: "Rumor has it that the company is going to be acquired by a larger corporation."