6.7 Cyberattacks. National, provincial and municipal business leaders. 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: Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. 11.6.2.3 Speech Recognition & Machine Hearing. This year, specifically, with regards to the pandemic, the demand was for all pandemic, all the time. For one, it listed a contact email address at walmart-corp.com, an unauthorized website. Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. Gary Gensler, the S.E.C. 11.6.2.5 Applications Types. In that case, the S.E.C. 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. We remain editorially independent and operate newsrooms in every part of Canada. 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. Stay up to date with what you want to know. Some things cant be done from your home office. 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. And the long view of that has many angles to cover. 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. The news release went out at 9:30 a.m. Monday, just as the U.S. stock market opened. .. Advertisement .. 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The perpetrators of the hoax most likely made money in that time. 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, 2.3 DeepFake Definition & Background. Powered and implemented byFactSet Digital Solutions. The interest in public education campaigns about these topics has therefore grown in step. Media will not cover some stories without a stock photo or video and cant always dispatch a photographer for every story. 11.7.2.2 Device Fingerprinting. 6.13 Terrorist attacks. The Globe and Mail 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. Quotes displayed in real-time or delayed by at least 15 minutes. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. It is a misrepresentation involving a public issuer, said Andrew Calamari, a lawyer with Finn Dixon & Herling and a former director of the S.E.C.s securities and New York office. 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. 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. The implications of that wont be felt for years, but it will have an impact. Walmart Statement in Response to Fake Litecoin Press 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. PRWeb is a subsidiary of Cision. 11.7.2.4 Behavioral Analysis. "When GlobeNewswire became PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. And the Walmart-Litecoin fiasco isn't an isolated incident. Also, the press contact named in the release does not work in Walmarts media division. GlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. Some of those have primary usefulness information from an important source we might use right away. And Walmart normally uses Business Wire for its official announcements, Mr. Hargrove said. Shortly thereafter, the article was deleted, but the damage had already been done. Keep scrolling and read the full interview below. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. OR complete the form on this page and a GlobeNewswire representative will be in touch with you promptly. The fake Walmart-Litecoin release went out at 9 am and wasn't taken down until after 11 am. The announcement appeared real enough that several media outlets wrote it up. 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. Anyone can read what you share. Factcheckers? This approach has the advantage of possibly working even if the video quality itself is essentially perfect. here Press release distributors also struggle to balance ensuring the accuracy of information with being easy for clients to use. 6.3 Cyber Attacks. The severe drought devastating the Horn of Africa by killing animals and crops 2.2 Fake News Definition & Background. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments Unlike CP, both the AP and Reuters run consumer-facing news sites and apps. Fake Walmart Announcement Exposes Holes in Press Create a Reader Account today to follow the industries and companies that interest you, and customize your news dashboard. The value of Litecoin jumped more than 30 percent before Walmart put out a statement saying the news was false. And many others will never be used in a story by CP. Newswire Press Release Services | GlobeNewswire Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. We are digging into it further to understand what happened, Mr. Hargrove said. 6.19 Unemployment or underemployment 6.20 Fiscal crises. 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 Litecoin Foundation has not entered into a partnership with Walmart. Posing as Walmart, scammers send crypto surging 25 Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. 2 Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 2.1 Misinformation Definition & Background. 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. By midmorning, the service had notified users that the announcement should be disregarded. 10 Threats Generated by Misinformation Campaigns 10.1 Election Campaigns and Politics. The report contains a detailed list and short profile of the companies that provide solutions for counter DeepFake and FakeNews monitoring and detection. 6.11 APAC Homeland Security & Public Safety Market Drivers. Monitoring news releases from our partners such as GlobeNewswire for relevant and newsworthy information from corporate, governmental, NGO and non-profit entities. It is a press release distribution company. 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. 1.5 Market Breakdown 2020-2026. 13.3 APAC Market Background. 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. Reuters 6.14 Manmade environmental catastrophes. Pay for only releases you send (no cost for account). 11.7.1 What are Bot Networks. Do you think 'GlobeNewswire' is a legitimate news WebBy that time, several major news websites and press agencies had spread the supposed news. 11.7 Bot Networks. 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. Media outlets are therefore looking for tangible tools and information that will help their readers achieve this goal. Fake Walmart news release claimed it would accept Gerry has spent his entire professional career working in Canadian journalism. Check out what's clicking on FoxBusiness.com. Press release distribution has major blindspots when it comes to verifying information. We are working remotely and continue to have our daily news meetings; they are simply conducted by video conference instead of in person. 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. As an example, the day of the federal budget, everyone has an opinion on the budget. 10.3 Public Health. Litecoin jumped about 30 per cent following the fake statement, but they quickly pared gains and were last up just about 3 per cent. WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). Create your releases, choose when and where they'resent. Many of these companies are startups such as Cheq, Metafact, Cyabra, Falso Tech, Sensity, and others. The effects that bad actors have can move markets. WebEast Africa drought would not have happened without humans, new science says. TotalEnergies adopts Wiztrust, Wiztopic's blockchain-based certification platform for corporate communication. Walmart has no relationship with litecoin," a company spokesperson told Reuters. Research and Markets And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. 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. 11.8.1 Fake News Detection Solutions. Market data provided byFactset. 6.8 Assets bubble. All rights reserved. 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. Digital currencies briefly jumped in value after a fake release said the retailer would start accepting the little-used Litecoin. FOX Business' Lucas Manfredi contributed to this report. Walmart says claims of cryptocurrency Litecoin 6.21 Energy price shock. However, it did not comment to a query by Reuters on the fake statement or the subsequent notice. Walmart fake litecoin press release: How did it happen? 9.3.1.2 Leading Social Media Platforms. 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. WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.". "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. Thu, 27 Apr 2023. 11.8 Counter Misinformation Technology Types and Solutions. 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. How have they kept pace with the ever-changing news cycle, and how do journalists source their stories? 2023 FOX News Network, LLC. 6.4 Data Fraud or Theft 6.5 Terrorism Threat 6.6 Europe Homeland Security & Public Safety Market Drivers. GlobeNewswire (@GlobeNewswire) / Twitter The absence of a consumer-facing suite of products makes CP the industrys honest broker, where media brands rely on us to help shape their coverage that keeps Canadians informed 24/7. 12.8 Cyber Security Agencies. What will the relevant trends be during that time? 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. 11.8.1.3 Non Tech Solutions. Which end users are expected to invest most in these capabilities? Pump and Dump: Fake Press Releases Crossing the Traditionally, Like the AP, their focus is international, whereas CPs focus is domestic Canadian news, complemented by APs world coverage. The Associated Press The hospitality industry particularly has been front and center for consumers of news and information because outside of home, it is a tangible example of how life has changed. This can also be used for face audio detection. 12.6 LEAs & First Responders12.7 Financial Intelligence & Fraud Detection. If youd like to learn more about GlobeNewswire and The Canadian Press, click 11.5 Counter Misinformation Technology Background. What will be the counter deepfake and counter fake news software market size in 2019-2025? WebIn September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. "Overall, it's really important for us to use technology on individual platforms and to have manual checks and balances.". Which submarkets in this field provide attractive business opportunities? 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. 11.8.4 Market Dynamics 2020-2026. 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. The Securities and Exchange Commission is likely to investigate a hoax Walmart news release about Litecoin because Walmart is publicly traded, lawyers 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. 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. 11.8.2.1 Software-based Detection. 11.6.2.4 Machine Vision. 11.3 Market Dynamics 2020-2026. Gerry: What will be the deepfake detection software market size in 2019-2025? chairman, recently called on Congress to grant financial regulators more authority over cryptocurrency products and exchanges. The truthful answer is that it depends on what is going on and who is speaking through the press release. By analyzing the essential data from the faces in individual frames of a video and then tracking them through sets of concurrent frames one is able to detect inconsistencies in the flow of the information from one frame to another. 13.2 Europe, Middle East & Africa (EMEA) Market Background. . 9.3 Data Sources. December 17, 2020 10:33 ET And of course, the economic fallout will continue to be a major story for literally years. 10.4 Personality Theft 10.5 Cyber-enabled Crime. Torstar Cary Lee Peterson, 38, of Phoenix, was sentenced to 52 months in prison on charges unrelated to the super PAC on Thursday. WebWest acquired GlobeNewswire and other PR tech assets from NASDAQ in 2018 for $335 million. 12.4 Market Breakdown 2020-2026. 3 Counter Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 3.1 Counter Misinformation Background. GlobeNewswire Says, In Response To Fake Walmart had no knowledge Fake News | The Daily Wire , When we were a co-operative, our member newspapers contributed stories for us to redistribute, but that ended a decade ago. The foundation later deleted the message and posted that it had not entered into a partnership with Walmart. 11.7.2.3 Human Interaction Challenge. 11.7.2.1 Intent Analysis Tools. 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. 12.2 Market Analysis 2020-2026. 6.12 Water Crises. 11.8.1.6 Market Breakdown 2020-2026. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. The release, which has since been deleted, contained a quote from CEO Doug McMillion. , an American news co-operative and the worlds largest and oldest news agency, is CPs most important strategic partner. filed an enforcement action just three weeks after the scheme began. 11.8.3 Market Size - Assessment and Forecast - 2020-2026. CP uses a range of tools to stay abreast of news in real time, including: Its a big job that requires paying attention to a constantly shifting set of priorities, with literally thousands of decisions being made in real time every day across all our editorial desks. 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. What type of regulations are countries implementing to fight the threats posed by deepfake and fake news activities. GlobeNewswire blames Walmart-Litecoin fakery on Bitcoin prices also slipped after briefly turning positive following the hoax announcement. 6.15 Natural catastrophes. There is no question the S.E.C. We are no longer a co-operative, converting in 2010 to a private company owned by The retailer later put out a statement saying that the release was incorrect and that it had no partnership with Litecoin. Such hoaxes do happen every now and then. A press release from PRWeb Pricing cost between $99 and $369. WebThe source seemed legit: An announcement posted on GlobeNewswire, a service for press release distribution. Who are the prominent vendors in the market? Which regions are expected to invest most in these capabilities? 6.25 Failure of critical infrastructure. [3], They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. GlobeNewswire - Wikipedia 6.23 Failure of national governance. 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. Tax revenues have plummeted, reducing the ability of governments to repay the accumulating deficits they are relying on to support Canadians through the crisis, or even pay for current services like transit, police and EMS. Born and educated in Halifax, Nova Scotia, he began his career with The Chronicle-Herald. Walmart says crypto payments announcement is fake. Legal Statement. Fake News Generator No, Walmart and Litecoin Are Not Partnering - The New This was later retweeted by the verified Twitter account of litecoin as well as by Charlie Lee, the creator of the cryptocurrency. GlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. 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. Facebook, Twitter, Microsoft, Youtube and other leading content platforms are investing time and money to better understand and detect deepfakes to make sure their platforms are not misused by criminals and state-owned operators. 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. Reuters withdrew its initial story. A fake Walmart press release announcing a partnership with a cryptocurrency duped the media and investors. Help set the news agenda and curate the top stories; Save them time because they use our content as is or as background for their own stories; Cover the core national stories, so their staff can focus on local angles and exclusives; Be there when it matters, when stories break in hard-to-reach locations or during times when newsrooms have little to no staff. In addition, the sophistication behind the creation of DeepFake videos increases the difficulty of identifying and detecting them, making them a much more effective and destructive tool for perpetrators.As the usage and threat of DeepFakes and Fake News intensifies, so do efforts to develop new detection methods, resulting in the next wave of (mis)information warfare. 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. This is especially true in the tech sector. 11.8.1.4 Market Size - Assessment and Forecast - 2020-2026. 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. and GlobeNewswire delivers your releases over The Canadian Press Wire to almost 700 media outlets. WebDo you think 'GlobeNewswire' is a legitimate news source for making stock buy/sell decisions? Walmart says looking into fake press release on litecoin "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026", https://www.researchandmarkets.com/r/wa0l9c. Cryptocurrency enthusiasts noted another clue: Litecoins relative obscurity makes it an unlikely cryptocurrency choice for a retailer. 6.24 Economic issues. 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. | Source: Media are looking for whats hot or cool with these news tools that will help their readers be more educated and empowered in their day-to-day decisions and activities. [6], In September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. Separately, the Litecoin Foundation tweeted it has not entered into a pact with the retailer. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. Business Wire declined to comment. Whats the history of The Canadian Press? [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. 11.6.1.2 Deep Machine Learning. Hundreds of voices trying to be heard and we keep an objective eye on press releases to see if they have anything to add to the story. When the fake Walmart release came out, Litecoin's value spiked more than 30%. Gerry: 1.2 Market Dynamics & Opportunities. 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. We will work with the appropriate authorities to request and facilitate a full investigation, including into any criminal activity associated with this matter," the company said in a statement provided to FOX Business. 11.8.1.2 Fake Profiles Detectors. Its unclear how the fake release made it past GlobeNewswires systems. 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. WebA Walmart spokesperson told CNBC that they are investigating how GlobeNewswire shared the fake news. 11.6.1.1 Machine Learning Methods. 6.26 COVID-19 Pandemic Background & Assessment 6.27 North America COVID-19 Assessment 6.28 Europe COVID-19 Assessment 6.29 LATAM COVID-19 Assessment 6.30 APAC COVID-19 Assessment 6.31 Middle East & Africa COVID-19 Assessment 7 Homeland Security, Public Safety, and National Security Agencies Background8 Proliferation of Data9 Type of Data Sources 9.1 Passive Data Sources. WebShare your news with media, investors, and consumers from around the world. More recently as an executive editor in Toronto, his duties have included oversight of content partnerships, business development and government relations. 6.16 Cyberattacks. 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. Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships. 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.
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