All further questions should be directed to GlobeNewswire," it stated. 11.8.1.4 Market Size - Assessment and Forecast - 2020-2026. declined to comment on the matter. Sign up for notifications from Insider! Walmart says crypto payments announcement is fake. 2.3 DeepFake Definition & Background. For instance, when Newswire issues a press release about a partnership between two companies like the fake release that claimed Walmart was working with Litecoin it requires written permission from a ranking marketing or C-level exec, Terenzio said. The International Digital Security Forum (IDSF) being held in Vienna on 2 and 3 December strengthens alliances for greater digital security The coronavirus pandemic is mercilessly exposing the New Dynata Study Finds that Broadcast TV is Most Trusted News Source Among All Adults, Irrespective of Age NEW YORK, April 16, 2020 (GLOBE NEWSWIRE) -- At a time when reliable information is vital, BROOKLYN, New York, March 18, 2020 (GLOBE NEWSWIRE) -- Unreliable tips on how to protect oneself from the novel coronavirus and fake news about the COVID-19 pandemic are spreading as quickly as the TotalEnergies adopts Wiztrust to certify its information, University of Virginia- Darden School of Business, Boston University, University of Regina Release Research: News From Artificial Intelligence is Believed Less, University of Virginia, Darden School of Business, ANOMUS, Set to End Fake News, Launches on Starter Incubator, Inauthentic Narrative & Disinformation Detection Platform Cyabra Announces $5.6M Series A Funding Round & New Snowball Effect Analysis Tools, Cyabra Listed on GSA Schedule Offering their Disinformation Detection and Sentiment Analysis SaaS to the Public Sector, Social Analysis & Disinformation Detection Platform Cyabra Announces New Agency Partnership with TBWA-Brazil, Asia Broadband Plans Legal Action Against Misleading Internet Posts, Conference: Digital Security in Times of Pandemic, AIT Austrian Institute of Technology GmbH, More Americans Turn to Local TV News During Global Pandemic, Scientists answer coronavirus questions on new website, New York University Tandon School of Engineering. .. 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A fake Walmart press release announcing a partnership with a cryptocurrency duped the media and investors. Over time, CP evolved as Canada grew and technology demanded new solutions, from adding French content, a picture service, a broadcast arm, digital news and more. GlobeNewswire issued a notice across its service confirming that journalists and other readers should disregard the news release, Walmart Announces Major Partnership With Litecoin (LTC)' issued September 13, 2021, over GlobeNewswire. Gerry: However, it did not comment to a query by Reuters on the fake statement or the subsequent notice. Posing as Walmart, scammers send crypto surging 25 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. Pump and Dump: Fake Press Releases Crossing the The retailer said it was looking into how such an announcement, which was published by press release distributor GlobeNewswire, was issued earlier in the day. By Matthew Goldstein,Ephrat Livni and Michael Corkery. Reuters withdrew its initial story. "When GlobeNewswire became 9.2 Active Data Sources. WebGlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to 1.3 Market Size - Assessment and Forecast - 2020-2026. 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. 11.7.2.1 Intent Analysis Tools. The price of Litecoin popped as high as $233.44 per coin Monday before turning lower on confirmation of the erroneous news. The Canadian Press and GlobeNewswire | The The Globe and Mail In 2009, federal securities regulators charged a stockbroker with disseminating false releases to manipulate the shares of several public companies. The newest thing in finance had apparently fallen prey to one of the oldest investor hoaxes around a classic pump-and-dump scheme. 12.6 LEAs & First Responders12.7 Financial Intelligence & Fraud Detection. Things like the demand on food banks, social counselling services and other issues of wellness are examples of some of the major stories that media outlets are looking for. 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. Shortly thereafter, the article was deleted, but the damage had already been done. Powered and implemented byFactSet Digital Solutions. 11 Technology 11.1 Consolidated Market 2020-2026. Press release distributors also struggle to balance ensuring the accuracy of information with being easy for clients to use. 11.6.1 AI & Machine Learning. 12.3 Market Dynamics 2020-2026. 11.7 Bot Networks. 11.4 Market Breakdown 2020-2026. Reuters 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. 12.10 Commercial Copyrights Protection. An email earlier sent to a contact person in the statement remained 'undeliverable.' The Securities and Exchange Commission is likely to investigate a hoax Walmart news release about Litecoin because Walmart is publicly traded, lawyers said. Reuters and other news outlets had reported on the partnership. Even if an image is not used immediately, it gets archived for possible use in the future. 3.2.1 Counter Misinformation Market Drivers. 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. GlobeNewswire blames Walmart-Litecoin fakery on 11.8 Counter Misinformation Technology Types and Solutions. Most deepfake videos are created by merging individually generated frames into videos. is a critical piece of the Thomson Reuters information conglomerate that delivers financial and business information to decision makers. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. 3 Counter Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 3.1 Counter Misinformation Background. The release, which has since been deleted, contained a quote from CEO Doug McMillion. Millions of people have lost their jobs. "There's always going to be one-off situations that put a strain on the systems and processes you've developed," Terenzio said. Fake News Generator | Source: Quality of Video Analysis - analyzing the differences between deepfakes and real videos. 11.6.1.1 Machine Learning Methods. "When GlobeNewswire became aware this morning that a fraudulent user account was used to issue an illegitimate press release we promptly withdrew the press release and issued a Notice to Disregard. 9.3 Data Sources. WebA Walmart spokesperson told CNBC that they are investigating how GlobeNewswire shared the fake news. 6.13 Terrorist attacks. We do not carry or sell advertising, and we dont directly compete for reader or viewer traffic. 3.2.2 Counter Misinformation Market Inhibitors. This material may not be published, broadcast, rewritten, or redistributed. WebSept 13 (Reuters) - Walmart Inc said on Monday it was looking into how a fake press statement announcing a partnership with litecoin, which briefly led to near 30% gains in 11.8.1.3 Non Tech Solutions. 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: It claimed to be from Walmart and had some big news for the cryptocurrency industry: The nations largest retailer would soon begin accepting payment in Litecoin, a digital currency. And the Walmart-Litecoin fiasco isn't an isolated incident. WebGlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. These tools are a mix of OSINT and Cyber technologies. The announcement appeared real enough that several media outlets wrote it up. 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. And the long view of that has many angles to cover. And Walmart normally uses Business Wire for its official announcements, Mr. Hargrove said. Some things cant be done from your home office. 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. AP Issues Correction After Saying Last Week It Interviewed Radio Host [6], In September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. GlobeNewswire (@GlobeNewswire) / Twitter With Litecoin, Called The Press Release "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026", https://www.researchandmarkets.com/r/wa0l9c. Gerry: 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. What will be the deepfake detection software market size in 2019-2025? Did you know? 11.5 Counter Misinformation Technology Background. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments 11.7.2.3 Human Interaction Challenge. It is an affordable option by Cision probably for small businesses. Walmart Statement in Response to Fake Litecoin Press 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. Over the past 10 to 15 years, the appetite for personal finance and health stories has grown in synchrony with all kinds of tools enabling individualized decision making and increased activism. 6.22 Latin America and the Caribbean Homeland Security & Public Safety Market Drivers. 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, FAQ - New Privacy Policy. Walmart has no relationship with litecoin," a company spokesperson told Reuters. In 2013, a fake press release from Sweden-based Fingerprint Cards falsely claimed it was being acquired by Samsung for $650 million and in 2010, a fake press release was falsely claimed then-US President Barack Obama ordered an investigation into the food company General Mills. 11.8.1.6 Market Breakdown 2020-2026. For the past century Fake News has become a significant problem, as exploiting news outlets and social media platforms to disseminate misinformation to influence individuals' actions has become widespread. We are working remotely and continue to have our daily news meetings; they are simply conducted by video conference instead of in person. Bitcoin prices also slipped after briefly turning positive following the hoax announcement. Proactively using our own staff to research, break and develop news; Monitoring local radio and television for top stories across Canada; and. 3.2 Counter Misinformation Market: Drivers & Inhibitors. 11.6.1.2 Deep Machine Learning. Anyone can read what you share. Someone issued a false news release, likely taking advantage of the general hoopla around cryptocurrency to stoke enthusiasm for Litecoin, which is far less popular than Bitcoin and other digital currencies. 12.8 Cyber Security Agencies. And of course, the economic fallout will continue to be a major story for literally years. After Walmart called it fake, GlobeNewswire published a notice to "disregard" the press release. 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. This can also be used for face audio detection. December 17, 2020 10:33 ET As editors and reporters are researching companies and topics and writing news stories, they can easily access GlobeNewswire-distributed press releases without having to search through other databases or feeds. Litecoins price jumped to about $230 from around $175 right after the news, then fell back and traded at around $180 after Walmart refuted the release. OR complete the form on this page and a GlobeNewswire representative will be in touch with you promptly. Track who is reading your news with custom reports. 11.6.2.4 Machine Vision. Check out what's clicking on FoxBusiness.com. Mutual Fund and ETF data provided byRefinitiv Lipper. WebThe 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 WebCHARLOTTESVILLE, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Researchers from University of Virginia- Darden School of Business, Boston University, and University of Walmart, blindsided, responded with the following statement. It is unclear whether the Securities and Exchange Commission or any other federal agencies are probing the incident. The benefit to companies and organizations issuing press releases with GlobeNewswire is that their news and announcements are easily accessible to CP journalists across the country. 10.3 Public Health. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. Which submarkets in this field provide attractive business opportunities? 11.8.2 DeepFake Detection Solutions. Scam artist who started pro-Sanders super PAC sentenced to GlobeNewswire, whose parent company, Intrado, is owned by the big private equity firm Apollo Global Management, competes with PR Newswire and Business Wire. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. Thu, 27 Apr 2023. GlobeNewswire delivers your releases over The Canadian Press Wire to almost 700 media outlets. When we were a co-operative, our member newspapers contributed stories for us to redistribute, but that ended a decade ago. Schools, industry, business, and government all struggled to find a way to provide services. Monday morning, around the time U.S. equity markets opened for trading, a press release went out stating Walmart and Litecoin had a deal on a new payment option. 2.4 Fake News & DeepFake Economic Damages. MPW CLASS ACTION: Hagens Berman, National Trial Attorneys, CP has existed since 1917 and was originally enacted as a co-operative, allowing daily newspapers to exchange stories and incorporated by an act of Parliament to deliver news of the First World War to Canadians. 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. 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. Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships. A spokesperson In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.". One office, Halifax, has partially reopened and our staff have worked hard to evolve to the reality of remote news gathering in many circumstances, but not all. 11.6 Counter Misinformation Technology Enablers & Applications. WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. Phony Walmart News Release Signals a Crypto Pump-and-Dump Scheme, https://www.nytimes.com/2021/09/13/business/litecoin-walmart-crypto-hoax.html. The article was primarily launched by a possibly hacked LiteCoin Twitter account; alternatively, active assistance to manipulate the market is also conceivable.[7][8]. 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. In 2010, another news wire service published a fake release saying the cereal company General Mills was the subject of a federal investigation, which the company wasnt. 12.5 Government Intelligence Agencies. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. For reporters covering certain types of news government and business news conferences, for example the transition has been straight forward. "Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). 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. Shipping and discount codes are added at checkout. 6.24 Economic issues. And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. The fake Walmart release even led to some confusion at the Litecoin Foundation, which briefly posted it on its Twitter account. "Walmart had no knowledge of the press release issued by GlobeNewswire and there is no truth to it. The news release went out at 9:30 a.m. Monday, just as the U.S. stock market opened. Such hoaxes do happen every now and then. Walmart says claims of cryptocurrency Litecoin Which regions are expected to invest most in these capabilities? 11.3 Market Dynamics 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. 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. Put your news release in front of journalists Get started with Intrado, our press release partner, by creating a free GlobeNewswire account: Registerfor your account (with our partner, Intrado). In an era of fake news, press releases also provide a straight-from-source information that is verifiable. However, these efforts alone will not be enough and other institutions will have to take a more prominent role by allocating larger budgets to purchase or develop capabilities to mitigate the risk. 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. Monitoring news releases from our partners such as GlobeNewswire for relevant and newsworthy information from corporate, governmental, NGO and non-profit entities. Walmart has no relationship with Litecoin. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. The implications of that wont be felt for years, but it will have an impact. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. 11.7.2 Bot Networks Detection Tools. chairman, recently called on Congress to grant financial regulators more authority over cryptocurrency products and exchanges.
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