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and GlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. 11.8.1.6 Market Breakdown 2020-2026. A press release from PRWeb Pricing cost between $99 and $369. Shortly thereafter, the article was deleted, but the damage had already been done. After Walmart and GlobeNewswire disavowed the statement, Litecoin plunged back to its original value. The announcement appeared real enough that several media outlets wrote it up. 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. What are the market drivers and inhibitors? 12.8 Cyber Security Agencies. The news release went out at 9:30 a.m. Monday, just as the U.S. stock market opened. MPW CLASS ACTION: Hagens Berman, National Trial Attorneys, Press release distributors also struggle to balance ensuring the accuracy of information with being easy for clients to use. There is no question the S.E.C. What type of regulations are countries implementing to fight the threats posed by deepfake and fake news activities. We are no longer a co-operative, converting in 2010 to a private company owned by globenewswire 3 6 Finance Business, Economics, and Finance 6 comments 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. Walmart, blindsided, responded with the following statement. 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. 3.2 Counter Misinformation Market: Drivers & Inhibitors. And of course, the economic fallout will continue to be a major story for literally years. 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. AI analytics that can identify synthetic media, Content and social media monitoring tools (OSINT). 2.3 DeepFake Definition & Background. 9.3 Data Sources. GlobeNewswire (@GlobeNewswire) / Twitter 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. The perpetrators of the hoax most likely made money in that time. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. 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. 10.4 Personality Theft 10.5 Cyber-enabled Crime. 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. 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. All rights reserved. Web vs Globe Newswire Services Revealed Some of those have primary usefulness information from an important source we might use right away. 2.4 Fake News & DeepFake Economic Damages. The Securities and Exchange Commission is likely to investigate a hoax Walmart news release about Litecoin because Walmart is publicly traded, lawyers said. The relationship between newswires and press release distribution services plays a critical role in journalism and in sharing trusted news information with audiences around the world. Fake News Generator Factcheckers? Pay for only releases you send (no cost for account). The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. 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 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. By midmorning, the service had notified users that the announcement should be disregarded. 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. 6.7 Cyberattacks. Like the AP, their focus is international, whereas CPs focus is domestic Canadian news, complemented by APs world coverage. GlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. 6.15 Natural catastrophes. 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. Cary Lee Peterson, 38, of Phoenix, was sentenced to 52 months in prison on charges unrelated to the super PAC on Thursday. 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. Millions of people have lost their jobs. The effects that bad actors have can move markets. Language links are at the top of the page across from the title. Business Wire declined to comment. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. And many others will never be used in a story by CP. AP Issues Correction After Saying Last Week It Interviewed Radio Host Schools, industry, business, and government all struggled to find a way to provide services. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. 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. 12.2 Market Analysis 2020-2026. Gerry: The fake Walmart-Litecoin release went out at 9 am and wasn't taken down until after 11 am. 10.2 Financial Fraud. In that case, the S.E.C. 10.6 Revenge Porn & Sextortion. No, Walmart and Litecoin Are Not Partnering - The New Reuters 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. Also, the press contact named in the release does not work in Walmarts media division. 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. 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. here Sign up for notifications from Insider! Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. 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. The fake Walmart release even led to some confusion at the Litecoin Foundation, which briefly posted it on its Twitter account. The bubble approach taken in sports has limited our access to venues, but efforts are made to make athletes and team staff available on video conferencing tools. 6.9 Interstate conflict 6.10 Terror financing. Walmart says crypto payments announcement is fake. The Canadian Press and GlobeNewswire | The Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships. Newswire Press Release Services | GlobeNewswire 6.12 Water Crises. 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. GlobeNewswire or Nasdaq GlobeNewswire specializes in news distribution. Walmart Statement in Response to Fake Litecoin Press 2020 Insights into DeepFake & Fake News Counter Unlike CP, both the AP and Reuters run consumer-facing news sites and apps. An email earlier sent to a contact person in the statement remained 'undeliverable.' 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). 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. In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.". 11.3 Market Dynamics 2020-2026. 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. How have they kept pace with the ever-changing news cycle, and how do journalists source their stories? Phony Walmart News Release Signals a Crypto Pump-and-Dump Scheme, https://www.nytimes.com/2021/09/13/business/litecoin-walmart-crypto-hoax.html. It is unclear whether the Securities and Exchange Commission or any other federal agencies are probing the incident. 11.5 Counter Misinformation Technology Background. filed an enforcement action just three weeks after the scheme began. Fake press releases have been used to pump up asset prices. Powered and implemented byFactSet Digital Solutions. 6.25 Failure of critical infrastructure. 11.8.2.1 Software-based Detection. Which regions are expected to invest most in these capabilities? Pump and Dump: Fake Press Releases Crossing the 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. It is an affordable option by Cision probably for small businesses. This material may not be published, broadcast, rewritten, or redistributed. 6.19 Unemployment or underemployment 6.20 Fiscal crises. 9.2 Active Data Sources. What will the relevant trends be during that time? 6.2 North America Homeland Security & Public Safety Market Drivers. Anyone can read what you share. 6.13 Terrorist attacks. Gerry has spent his entire professional career working in Canadian journalism. 12.9 Military & Defense Intelligence. 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. Press release distribution has major blindspots when it comes to verifying information. WebThe source seemed legit: An announcement posted on GlobeNewswire, a service for press release distribution. Torstar Such hoaxes do happen every now and then. Even the Twitter account for the Litecoin Foundation, which promotes the use of the currency, touted the release in a post. | Source: Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. Market data provided byFactset. Domestically, CP generates all its own news. In an era of fake news, press releases also provide a straight-from-source information that is verifiable. 11.8.2 DeepFake Detection Solutions. 6.11 APAC Homeland Security & Public Safety Market Drivers. Most deepfake videos are created by merging individually generated frames into videos. Gerry: 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. The S.E.C. 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. The Litecoin Foundation has not entered into a partnership with Walmart. 6.21 Energy price shock. 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. 2023 FOX News Network, LLC. Which end users are expected to invest most in these capabilities? 11.6.2.5 Applications Types. 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. 1.3 Market Size - Assessment and Forecast - 2020-2026. When the fake Walmart release came out, Litecoin's value spiked more than 30%. Stay up to date with what you want to know. On a household level, things like saving for retirement and post-secondary education have, for many people, simply stopped. La Presse Which submarkets in this field provide attractive business opportunities? Born and educated in Halifax, Nova Scotia, he began his career with The Chronicle-Herald. 11.6.2.2 Natural Language Processing Application Types. 6.8 Assets bubble. Media will not cover some stories without a stock photo or video and cant always dispatch a photographer for every story. 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. Its unclear how the fake release made it past GlobeNewswires systems. This was later retweeted by the verified Twitter account of litecoin as well as by Charlie Lee, the creator of the cryptocurrency. Fake News | The Daily Wire What will be the fake news detection software market size in 2019-2025? Photographers still go out and get images where the news is. FOX Business' Lucas Manfredi contributed to this report. We are digging into it further to understand what happened, Mr. Hargrove said. The announcement made it on to Globe Newswire, a service widely used to Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. Check out what's clicking on FoxBusiness.com. 12.10 Commercial Copyrights Protection. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. 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. Part of @Notified. National, provincial and municipal business leaders. It spawned immediate stories in major outlets like CNBC, Reuters, Digital currencies briefly jumped in value after a fake release said the retailer would start accepting the little-used Litecoin. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. Some things cant be done from your home office. 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. What will be the deepfake detection software market size in 2019-2025? 2.2 Fake News Definition & Background. 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. 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. 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. Who are the prominent vendors in the market? 11.6.1.1 Machine Learning Methods. 11.7.1 What are Bot Networks. WebThe fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. 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. 11.6.2.4 Machine Vision. And Walmart normally uses Business Wire for its official announcements, Mr. Hargrove said. Even if an image is not used immediately, it gets archived for possible use in the future. 11.8.1 Fake News Detection Solutions. Thu, 27 Apr 2023. Gerry: WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. 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. 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. 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. The false press release said Walmart would allow its customers to make payments with litecoin at its online stores. PRWeb is a subsidiary of Cision. Create your releases, choose when and where they'resent. 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. 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. , an American news co-operative and the worlds largest and oldest news agency, is CPs most important strategic partner. WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. 12 Vertical Markets 12.1 Consolidated Market 2020-2026. 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. "Overall, it's really important for us to use technology on individual platforms and to have manual checks and balances.". Proactively using our own staff to research, break and develop news; Monitoring local radio and television for top stories across Canada; and. Litecoin jumped about 30 per cent following the fake statement, but they quickly pared gains and were last up just about 3 per cent. Did you know? WebEast Africa drought would not have happened without humans, new science says. 11.8.1.4 Market Size - Assessment and Forecast - 2020-2026. 1.4 Market Dynamics 2020-2026. Into May and June, a new normal settled in and our coverage reflected the efforts to work around the pandemic in a variety of corners of our lives. The opposition. December 17, 2020 10:33 ET We were fortunate to have an opportunity to speak with Gerry Arnold, Executive Editor at The Canadian Press.

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