Access to stock photos and videos of lobster fishing in Nova Scotia during the recent conflict between Mi'kmaw (Indigenous) fishermen and non-Indigenous fishermen would have been very valuable for example. Market data provided byFactset. Posing as Walmart, scammers send crypto surging 25 WebGlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. Although DeepFakes are not as prevalent and widespread as Fake News articles, they are increasing in popularity and have a much greater effect on the general population. But press release distributors remain at risk because they issue thousands of press releases per day, especially during busy parts of the year like earnings season, said Charlie Terenzio, CMO at Newswire, a competitor to GlobeNewswire. 6.2 North America Homeland Security & Public Safety Market Drivers. What type of regulations are countries implementing to fight the threats posed by deepfake and fake news activities. 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. After Walmart called it fake, GlobeNewswire published a notice to "disregard" the press release. 11.8.2 DeepFake Detection Solutions. Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships. A GlobeNewswire spokesperson told Insider that a fraudulent user account issued the press release and that the company has implemented new steps to prevent repeat incidents, but did not elaborate further. . WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. As a result, millions of dollars in crypto WebEast Africa drought would not have happened without humans, new science says. In addition, large and mature corporations are also active in the market, some of them via M&A activities and other are developing solutions internally, such players include Axon, Microsoft, Facebook, Twitter and others.These companies are leveraging several high-end technologies and methods to tackle this threat, such as: 1 Executive Summary 1.1 Major Findings & Conclusions. Gerry: This approach has the advantage of possibly working even if the video quality itself is essentially perfect. 6.15 Natural catastrophes. Millions of people have lost their jobs. And of course, the economic fallout will continue to be a major story for literally years. [5], In 2012, GlobeNewswire introduced its Streaming Media Player, which allows users to alternate between videos and slides while monitoring a variety of news sources. here The opposition. WebWest acquired GlobeNewswire and other PR tech assets from NASDAQ in 2018 for $335 million. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. 11.8.4 Market Dynamics 2020-2026. Most deepfake videos are created by merging individually generated frames into videos. NOW WATCH: WATCH: How advertisers can navigate the death of third-party cookies, according to execs from Mars Petcare, R/GA, The Washington Post, and The Trade Desk. GlobeNewswire said in a statement that it had acted quickly to withdraw the illegitimate press release placed by a fraudulent user account. It added that this has never happened before and that it had in place enhanced authentication steps to prevent this isolated incident from occurring in the future. GlobeNewswire also said it would work with all appropriate authorities to investigate the matter. Such as in most tech heavily markets, end users are debating whether to work with an external vendor or to rely on internal developed capabilities as well as existing OSINT monitoring tools re-directed to a dedicated team. Another issue is that algorithms that amplify news on social media, across search engines, and trading platforms means errant press releases need to be taken down immediately. If youd like to learn more about GlobeNewswire and The Canadian Press, click GlobeNewswire (@GlobeNewswire) / Twitter 11.7 Bot Networks. 10.2 Financial Fraud. [3], They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. Web2020 Insights into DeepFake & Fake News Counter Misinformation Solutions Industry to 2026 December 17, 2020 10:33 ET | Source: Research and Markets Dublin, Dec. 17, The negative impact of Fake News, especially within the political, economic, and social environments is increasing, emphasizing the need to detect and identify these Fake News stories in near real-time. This is especially true in the tech sector. We have taken steps to correct future issues, the statement said. Cary Lee Peterson, 38, of Phoenix, was sentenced to 52 months in prison on charges unrelated to the super PAC on Thursday. 3.2.2 Counter Misinformation Market Inhibitors. By Matthew Goldstein,Ephrat Livni and Michael Corkery. In that case, the S.E.C. The S.E.C. WebCryptocurrency litecoin gave up a 20% gain and tumbled back to Earth following a fake press release sent out by GlobeNewswire that referenced a partnership with Walmart. The proliferation of technology, specifically Artificial Intelligence, allow wide scale and easy to use solutions to create synthetic media that seems very real, either in video, photos, or text. We are no longer a co-operative, converting in 2010 to a private company owned by Quality of Video Analysis - analyzing the differences between deepfakes and real videos. Coinbase, one of the cryptocurrency exchanges where investors can buy and sell Litecoin, said in a statement that it worked to actively debunk misinformation, and posted an article refuting the hoax. After falling prey to a fake release scandal involving a pharmaceutical company in 2010, Business Wire, which is owned by Warren E. Buffetts Berkshire Hathaway, prevented companies from using email to submit a release. Fake Walmart news release claimed it would accept "Walmart had no knowledge of the press release issued by GlobeNewswire and there is no truth to it. Phony Walmart News Release Signals a Crypto Pump-and-Dump Scheme, https://www.nytimes.com/2021/09/13/business/litecoin-walmart-crypto-hoax.html. Reuters and other news outlets had reported on the partnership. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. WebThe fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. A fake Walmart press release announcing a partnership with a cryptocurrency duped the media and investors. After joining The Canadian Press, he worked as a parliamentary correspondent, Prairie bureau chief and Ottawa bureau chief. Learn how and when to remove this template message, "West Corporation Closes Landmark Acquisition of Nasdaq's Public Relations and Digital Media Businesses", "West Corporation Introduces Media Snippets, Interactive Multimedia Modules for Content Publishing", "NASDAQ OMX to launch video platform at NIRI", "Walmart says crypto payments announcement is fake. And while we were very cautious in the early weeks of the pandemic, we have a better understanding now of how to manage risk, effectively use PPE and current public health advice to keep staff safe. Business Wire declined to comment. We do not carry or sell advertising, and we dont directly compete for reader or viewer traffic. 6.16 Cyberattacks. Others may have secondary usefulness a hook for a next-day story, or even a next-week story or a regional piece away from Ottawa. However, it did not comment to a query by Reuters on the fake statement or the subsequent notice. "There's always going to be one-off situations that put a strain on the systems and processes you've developed," Terenzio said. Furthermore, the latest trend of using Artificial Intelligence (AI) to create fake videos, known as "DeepFakes" or "FakeNews 2.0", is a fast-growing phenomenon creating major concerns. The publication of a fake Walmart announcement Monday exposed how vulnerable press release distributors like GlobeNewswire are to bad actors hoping to dupe the media and investors. And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. 11.8.5 Market Breakdown 2020-2026. The Canadian Press and GlobeNewswire | The 12.6 LEAs & First Responders12.7 Financial Intelligence & Fraud Detection. Insights for PR and Communications Professionals on the Partnership Between The Canadian Press and Intrado GlobeNewswire, Contact GlobeNewswire to distribute your press release, View our bestselling stylebooks for writers and editors. This material may not be published, broadcast, rewritten, or redistributed. Stay up to date with what you want to know. While the announcement appeared authentic even including a statement purportedly from Walmarts chief executive, Doug McMillon there were clues it was fake. The severe drought devastating the Horn of Africa by killing animals and crops Since news announcements are often taking place at the same time, we can also now watch the archived meetings/webcasts and develop more comprehensive stories than in the past. On a household level, things like saving for retirement and post-secondary education have, for many people, simply stopped. And the long view of that has many angles to cover. PRWeb is known as one of the leaders in press We are digging into it further to understand what happened, Mr. Hargrove said. Securities lawyers said there was little doubt the phony release would lead to an investigation by the Securities and Exchange Commission and possible charges against the fraudsters, whose identity was unknown. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments 11.8.1 Fake News Detection Solutions. In addition to detecting these fakes, journalists and the social media platforms also need to figure out how best to warn people about deepfakes when they are detected to minimize the damage done. Even the Twitter account for the Litecoin Foundation, which promotes the use of the currency, touted the release in a post. Create a Reader Account today to follow the industries and companies that interest you, and customize your news dashboard. Walmart says claims of cryptocurrency Litecoin For over 15 years,Intrado Digital Media's GlobeNewswireandThe Canadian Press(CP) have enjoyed a unique partnership: press releases distributed by GlobeNewswire on behalf of thousands of clients are delivered directly into newsroom editorial systems and to the desktops of journalists at almost 700 media outlets served by CP across Canada. 6.8 Assets bubble. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. It spawned immediate stories in major outlets like CNBC, Reuters, 11.8.3 Market Size - Assessment and Forecast - 2020-2026. Language links are at the top of the page across from the title. Walmart learned of the release only after reporters called it to confirm accounts from some news outlets that had published information based on the release, a company spokesman, Randy Hargrove, said. 2.4 Fake News & DeepFake Economic Damages. AI analytics that can identify synthetic media, Content and social media monitoring tools (OSINT). Walmart fake litecoin press release: How did it happen? 9.3.1.2 Leading Social Media Platforms. Gerry was generous enough to chat with us and offer his insight into The Canadian Press, its role in Canadas media landscape and how 2020 has affected the way we consume news. 6.12 Water Crises. GlobeNewswire delivers your releases over The Canadian Press Wire to almost 700 media outlets. But that tremendous volume means it's impossible for editors to manually contact every company listed on every press release, said Castano, who's now CEO of press release distribution startup Newsdirect. Traditionally, [4], In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. Sign up today for your free Reader Account! 11.7.2 Bot Networks Detection Tools. Our ability to have face-to-face interactions with individuals in remote areas enables our team to ask questions that impact the community we are reporting on and cover more angles. 11.7.2.2 Device Fingerprinting. Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30 per cent surge in the cryptocurrency's price, was fake. 11.7.2.1 Intent Analysis Tools. The Globe and Mail 6.13 Terrorist attacks. The effects that bad actors have can move markets. 1.3 Market Size - Assessment and Forecast - 2020-2026. WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. Not every press release is going to generate a story and press releases fired into an information tornado on a busy day may not register. This can also be used for face audio detection. As an example, the day of the federal budget, everyone has an opinion on the budget. 12.5 Government Intelligence Agencies. Even if an image is not used immediately, it gets archived for possible use in the future. This has never happened before and we have already put in place enhanced authentication steps to prevent this isolated incident from occurring in the future. Do you think 'GlobeNewswire' is a legitimate news Media are also looking for content rich press releases which provide access to images and videos, including B-roll. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. What will be the fake news detection software market size in 2019-2025? Gerry: 11.5 Counter Misinformation Technology Background. Keep scrolling and read the full interview below. Media will not cover some stories without a stock photo or video and cant always dispatch a photographer for every story. And many others will never be used in a story by CP. The hoax is also likely to lead to a call for greater regulation of the cryptocurrency industry, which accounts for billions of dollars of trading on largely unregulated markets and can be a pit of misinformation where pump-and-dump schemes occur often. Walmart Statement in Response to Fake Litecoin Press WebA Walmart spokesperson told CNBC that they are investigating how GlobeNewswire shared the fake news. Gerry: 6.23 Failure of national governance. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. The newest thing in finance had apparently fallen prey to one of the oldest investor hoaxes around a classic pump-and-dump scheme. Gary Gensler, the S.E.C. Walmart had no knowledge For CP journalists, this means they can efficiently monitor press releases for relevant and newsworthy information from public and private companies, non-profit agencies, and the government. 6.14 Manmade environmental catastrophes. From breaking news to developing stories to elections, sports, entertainment, business and more, CP is well positioned to cover Canada, with bureaus and correspondents in: Gerry: 12.10 Commercial Copyrights Protection. Walmart has no relationship with litecoin," a company spokesperson told Reuters. GlobeNewswire, whose parent company, Intrado, is owned by the big private equity firm Apollo Global Management, competes with PR Newswire and Business Wire. 2023 FOX News Network, LLC. All further questions should be directed to GlobeNewswire," it stated. WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). Walmart, blindsided, responded with the following statement. The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. 11.2 Market Analysis 2020-2026. And the editorial teams at BusinessWire, a distribution company owned by Berkshire Hathaway, would double check if phone numbers on press releases matched the company headquarters, or they'd verify that the author of the press release works at the company they claim to represent, said former president Gregg Castano. The value of Litecoin jumped more than 30 percent before Walmart put out a statement saying the news was false. Shortly thereafter, the article was deleted, but the damage had already been done. As media and technology are now being used for cyber terrorism, criminal activity, espionage and military warfare, the new age of information warfare threatens democracies worldwide, pushing governments to combat this threat with large investments.Intelligence, Law Enforcement, and other Governmental agencies are taking active roles in tackling the threat that (mis)information warfare poses and are spending growing budgets on technology that can detect and counter Fake News and DeepFake media.There are two major categories of DeepFake detection tools: Fake News is disseminated via networks of fake profiles, bot networks and smart utilization of social media, therefore, most tools developed and used to detect fake news are geared towards finding, analyzing and stopping these networks and bots. As most of the misinformation activity and content dissemination is done on social media platforms, the report covers the activity of tech giants to tackle this threat over their platforms and beyond. 2020 Insights into DeepFake & Fake News Counter Scam artist who started pro-Sanders super PAC sentenced to Legal Statement. Gerry has spent his entire professional career working in Canadian journalism. | Source: 6.11 APAC Homeland Security & Public Safety Market Drivers. Did you know? These tools are a mix of OSINT and Cyber technologies. National, provincial and municipal business leaders. AP Issues Correction After Saying Last Week It Interviewed Radio Host Fake News | The Daily Wire The false press release said Walmart would allow its customers to make payments with litecoin at its online stores. SAN FRANCISCO, May 01, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Medical Properties Trust, Inc. (NYSE: MPW) investors who suffered substantial losses submit your losses now. Schools, industry, business, and government all struggled to find a way to provide services. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. There is no question the S.E.C. 10.3 Public Health. Separately, the Litecoin Foundation tweeted it has not entered into a pact with the retailer. 2 Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 2.1 Misinformation Definition & Background. 11.8.1.5 Market Dynamics 2020-2026. Reuters withdrew its initial story. In a statement on Twitter, the foundation said that a quote purporting to be from Litecoins creator, Charlie Lee, had been fabricated and that a member of the foundations social media team had sent a Twitter message by mistake. Such hoaxes do happen every now and then. MPW CLASS ACTION: Hagens Berman, National Trial Attorneys, A spokesperson Litecoin tumbles after spike", "Walmart denies tieup with litecoin, fake statement rattles cryptocurrency", https://en.wikipedia.org/w/index.php?title=GlobeNewswire&oldid=1145586528, Public relations companies of the United States, Articles with a promotional tone from May 2020, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 19 March 2023, at 23:16. In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.". GlobeNewswire blames Walmart-Litecoin fakery on Powered and implemented byFactSet Digital Solutions. 1.4 Market Dynamics 2020-2026. The Litecoin Foundation has not entered into a partnership with Walmart. [6], In September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. It is a press release distribution company. The perpetrators of the hoax most likely made money in that time. .. Advertisement .. Walmart Denies Tie-Up With Litecoin, Called The Press Release "Fake", Bitcoin Loses $30,000 Pricing Over Weekend; Ether Joins Most Altcoins in Recording Dips, Bitcoin Inches Close to $30,000 Mark After Four-Day Slump, Crypto Chart Shows More Gains Than Losses, Bitcoin Hovers Over $29,000, Most Altcoins Trade Lowly Amid Ongoing Market Swing, Watch: Heated Exchange Between Virat Kohli, Gautam Gambhir After IPL Game, Gangster Accused In Delhi Court Shootout Killed By Rivals In Tihar Jail, Kohli, Gambhir Handed Hefty Fines Following Heated Altercation In IPL, How 4 AM Breakfast Orders Helped Mumbai Cops Bust Fake Call Centre, Single Mother Wins Case To Get Father's Name Removed From Son's Passport, "Not Good To Have One Full-Service Airline": Former Jet Executive, Sun Pharma Records Rs 2,277 Crore March Quarter Net Loss, Online Education Firm Controlled By Chinese Nationals Raided In Bengaluru, Transgender Person Killed By Live-In Partner Near Mumbai, Australia Announces Sweeping Crackdown On E-Cigarettes, "I'm Warning The Thieves": Imran Khan To Pak Government Over Key Polls, Vice Media Headed For Bankruptcy, Seeks Buyer: Report, This website follows the DNPA Code of Ethics. Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30 per cent surge in the cryptocurrency's price, was fake. CP enjoys a long-standing reciprocal relationship with the AP we are the exclusive distributor of its content in Canada, and the AP enjoys a similar privilege with CP content in the U.S. and many parts of the world. , 14 Leading Vendors14.1 Social Media Platform Conglomarates Misinformation Detection Initiatives14.2 Cheq14.3 Cyabra14.4 Falso Tech14.5 Sensity14.6 Microsoft14.7 Axon14.8 Logically14.9 Datalytics2414.10 Wordproof14.11 Truepic14.12 Right of Reply14.13 Factmata14.14 Digital Fingerprints14.15 Trueinchain14.16 Fabula AI (a Twitter company)14.17 Shieldsquare14.18 Imperva14.19 Fastly15 Disclaimer & Copyright, For more information about this report visit https://www.researchandmarkets.com/r/wa0l9c. OR complete the form on this page and a GlobeNewswire representative will be in touch with you promptly. With Litecoin, Called The Press Release Dublin, Dec. 17, 2020 (GLOBE NEWSWIRE) -- The "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026" report has been added to ResearchAndMarkets.com's offering.
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