On a household level, things like saving for retirement and post-secondary education have, for many people, simply stopped. 9.3.1.2 Leading Social Media Platforms. 6.24 Economic issues. WebIn September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. The truthful answer is that it depends on what is going on and who is speaking through the press release. The article was primarily launched by a possibly hacked LiteCoin Twitter account; alternatively, active assistance to manipulate the market is also conceivable.[7][8]. 13.3 APAC Market Background. 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. 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. 12.4 Market Breakdown 2020-2026. FAQ - New Privacy Policy. has jurisdiction.. 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. Walmart, blindsided, responded with the following statement. 11.6.2.5 Applications Types. 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. 3.2.2 Counter Misinformation Market Inhibitors. WebThe fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. 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. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. This is especially true in the tech sector. WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). For reporters covering certain types of news government and business news conferences, for example the transition has been straight forward. Reuters withdrew its initial story. 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. 12.3 Market Dynamics 2020-2026. 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. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. The S.E.C. Like the AP, their focus is international, whereas CPs focus is domestic Canadian news, complemented by APs world coverage. 11.6.1.1 Machine Learning Methods. We are digging into it further to understand what happened, Mr. Hargrove said. 11.4 Market Breakdown 2020-2026. 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. Track who is reading your news with custom reports. 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 Such hoaxes do happen every now and then. The interest in public education campaigns about these topics has therefore grown in step. WebDo you think 'GlobeNewswire' is a legitimate news source for making stock buy/sell decisions? Unlike CP, both the AP and Reuters run consumer-facing news sites and apps. 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. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. 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. 1.5 Market Breakdown 2020-2026. We have taken steps to correct future issues, the statement said. The fake Walmart release even led to some confusion at the Litecoin Foundation, which briefly posted it on its Twitter account. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. 11.8.1.3 Non Tech Solutions. In an era of fake news, press releases also provide a straight-from-source information that is verifiable. 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. 10.3 Public Health. Press release distribution has major blindspots when it comes to verifying information. The release, which has since been deleted, contained a quote from CEO Doug McMillion. 9.3.1 OSINT (Social Media and Web) 9.3.1.1 Social Media Sources. 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. 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. Part of @Notified. While some distributors call new clients directly to verify that they are who they say they are, Terenzio said Newswire doesn't require that, to make it easier for new clients to join and send releases. Thu, 27 Apr 2023. 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. 11.7.2.2 Device Fingerprinting. "Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). 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). 1.2 Market Dynamics & Opportunities. PRWeb is a subsidiary of Cision. Traditionally, Pattern Analysis - looking and analyzing the behavior of people in the videos, learning the patterns, from hand gestures to pauses in speech, and comparing it to real life patterns. WebGlobeNewswire Says, In Response To Fake Walmart/Litecoin Release, Says Fraudulent User Account Was Used To Issue An Illegitimate Press Release; Says Will Work With 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. here Earlier this year, Peterson was found guilty on two counts of false certification in Securities and Exchange Commission filings and one count of securities fraud. 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. What are the market drivers and inhibitors? The Litecoin Foundation has not entered into a partnership with Walmart. Photographers still go out and get images where the news is. "There's always going to be one-off situations that put a strain on the systems and processes you've developed," Terenzio said. This approach has the advantage of possibly working even if the video quality itself is essentially perfect. 13 Regional Markets 13.1 North America Market Background. 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. Fox Business Flash top headlines for September 13. It is unclear whether the Securities and Exchange Commission or any other federal agencies are probing the incident. How have they kept pace with the ever-changing news cycle, and how do journalists source their stories? 10.4 Personality Theft 10.5 Cyber-enabled Crime. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments 6.21 Energy price shock. Anyone can read what you share. 11.7 Bot Networks. Gerry: Proactively using our own staff to research, break and develop news; Monitoring local radio and television for top stories across Canada; and. So while Cision, the world's biggest PR software firm, said it vets more than 400,000 press releases every year to prevent the spread of misinformation, it does not claim to be the final line of defense. Gary Gensler, the S.E.C. 6.2 North America Homeland Security & Public Safety Market Drivers. It is an affordable option by Cision probably for small businesses. This can also be used for face audio detection. GlobeNewswire, whose parent company, Intrado, is owned by the big private equity firm Apollo Global Management, competes with PR Newswire and Business Wire. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Even the Twitter account for the Litecoin Foundation, which promotes the use of the currency, touted the release in a post. Gerry: The false press release said Walmart would allow its customers to make payments with litecoin at its online stores. The opposition. and In that case, the S.E.C. While the announcement appeared authentic even including a statement purportedly from Walmarts chief executive, Doug McMillon there were clues it was fake. WebEast Africa drought would not have happened without humans, new science says. 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. The Canadian Press is Canadas only independent national news agency, operating in both official languages with more than 180 journalists producing real-time multimedia content including text, audio, video, images and interactive graphics. What type of regulations are countries implementing to fight the threats posed by deepfake and fake news activities. AI technology enables, basically anyone, to create a fake video that shows a person or persons performing an action at an event that never occurred. What will the relevant trends be during that time? 2.4 Fake News & DeepFake Economic Damages. Language links are at the top of the page across from the title. 6.14 Manmade environmental catastrophes. Some things cant be done from your home office. 11.6 Counter Misinformation Technology Enablers & Applications. The report contains a detailed list and short profile of the companies that provide solutions for counter DeepFake and FakeNews monitoring and detection. Bitcoin prices also slipped after briefly turning positive following the hoax announcement. 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. 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. 13.2 Europe, Middle East & Africa (EMEA) Market Background. The newest thing in finance had apparently fallen prey to one of the oldest investor hoaxes around a classic pump-and-dump scheme. An email earlier sent to a contact person in the statement remained 'undeliverable.' 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. And many others will never be used in a story by CP. 11.8.2.1 Software-based Detection. Track Latest News and Karnataka Elections 2023 Coverage Live on NDTV.com and get news updates from India and around the world. 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. Media outlets are therefore looking for tangible tools and information that will help their readers achieve this goal. In 2009, federal securities regulators charged a stockbroker with disseminating false releases to manipulate the shares of several public companies. 10 Threats Generated by Misinformation Campaigns 10.1 Election Campaigns and Politics. 11.8.1 Fake News Detection Solutions. Walmart had no knowledge There is no question the S.E.C. 11.6.1.2 Deep Machine Learning. Research and Markets. PRWeb is known as one of the leaders in press All further questions should be directed to GlobeNewswire," it stated. 11.8.5 Market Breakdown 2020-2026. Create a Reader Account today to follow the industries and companies that interest you, and customize your news dashboard. 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. WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. 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. La Presse 2023 FOX News Network, LLC. 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. National, provincial and municipal business leaders. .. 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. 1.4 Market Dynamics 2020-2026. 2 Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 2.1 Misinformation Definition & Background. In combination with networks of fake profiles, bot networks and smart utilization of social media, the attackers have many ways to influence either the public or specific individuals. The price of Litecoin popped as high as $233.44 per coin Monday before turning lower on confirmation of the erroneous news. 6.22 Latin America and the Caribbean Homeland Security & Public Safety Market Drivers. 3.3 Counter Misinformation in Homeland Security, Public Safety, and National Security Market Organogram.. 3.4 Counter Misinformation in Homeland Security, Public Safety, and National Security Market Estimations and Forecast 4 Counter Misinformation Country Regulatory Frameworks5 Select Counter Misinformation Projects and Programs in Homeland Security, Public Safety & National Security6 Global Security Concerns & Assessment 6.1 Global Risks 2020: A Regional Perceptive. 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, 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. 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. Legal Statement. Phony Walmart News Release Signals a Crypto Pump-and-Dump Scheme, https://www.nytimes.com/2021/09/13/business/litecoin-walmart-crypto-hoax.html.
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