The announcement appeared real enough that several media outlets wrote it up. 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. 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. 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. 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. And the Walmart-Litecoin fiasco isn't an isolated incident. 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. 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. WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. "No matter how many failsafes you have in place, nothing is ever going to be foolproof," he said. 12.8 Cyber Security Agencies. 6.8 Assets bubble. The Securities and Exchange Commission is likely to investigate a hoax Walmart news release about Litecoin because Walmart is publicly traded, lawyers said. The retailer later put out a statement saying that the release was incorrect and that it had no partnership with Litecoin. 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. .. Advertisement .. 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And Walmart normally uses Business Wire for its official announcements, Mr. Hargrove said. 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 severe drought devastating the Horn of Africa by killing animals and crops 1.2 Market Dynamics & Opportunities. 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. 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. 10.3 Public Health. Born and educated in Halifax, Nova Scotia, he began his career with The Chronicle-Herald. 6.15 Natural catastrophes. 9.3 Data Sources. 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. 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 Gerry has spent his entire professional career working in Canadian journalism. As a subscriber, you have 10 gift articles to give each month. 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 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. When we were a co-operative, our member newspapers contributed stories for us to redistribute, but that ended a decade ago. 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. We have taken steps to correct future issues, the statement said. 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. WebIn September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. Shortly thereafter, the article was deleted, but the damage had already been done. 11.8.1.5 Market Dynamics 2020-2026. 10 Threats Generated by Misinformation Campaigns 10.1 Election Campaigns and Politics. 6.13 Terrorist attacks. 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 were fortunate to have an opportunity to speak with Gerry Arnold, Executive Editor at The Canadian Press. 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. After Walmart called it fake, GlobeNewswire published a notice to "disregard" the press release. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. 11.8.1.3 Non Tech Solutions. 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. 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. 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. 11.6.1 AI & Machine Learning. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. Like the AP, their focus is international, whereas CPs focus is domestic Canadian news, complemented by APs world coverage. 6.11 APAC Homeland Security & Public Safety Market Drivers. 11.3 Market Dynamics 2020-2026. 12.5 Government Intelligence Agencies. 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. 12.3 Market Dynamics 2020-2026. A fake Walmart press release announcing a partnership with a cryptocurrency duped the media and investors. 3 Counter Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 3.1 Counter Misinformation Background. The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. While the announcement appeared authentic even including a statement purportedly from Walmarts chief executive, Doug McMillon there were clues it was fake. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. Fake press releases have been used to pump up asset prices. Track who is reading your news with custom reports. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. 6.24 Economic issues. 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. Separately, the Litecoin Foundation tweeted it has not entered into a pact with the retailer. The fake press release got significant traction, after it was up for two hours. The false press release said Walmart would allow its customers to make payments with litecoin at its online stores. WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). 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. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. 9.3.1.2 Leading Social Media Platforms. 9.2 Active Data Sources. 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. Photographers still go out and get images where the news is. A spokesperson Part of @Notified. 6.4 Data Fraud or Theft 6.5 Terrorism Threat 6.6 Europe Homeland Security & Public Safety Market Drivers. However, it did not comment to a query by Reuters on the fake statement or the subsequent notice. 2.3 DeepFake Definition & Background. Even the Twitter account for the Litecoin Foundation, which promotes the use of the currency, touted the release in a post. 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 year, specifically, with regards to the pandemic, the demand was for all pandemic, all the time. Quotes displayed in real-time or delayed by at least 15 minutes. 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. 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. 6.12 Water Crises. Stay up to date with what you want to know. If youd like to learn more about GlobeNewswire and The Canadian Press, click 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, 12 Vertical Markets 12.1 Consolidated Market 2020-2026. The effects that bad actors have can move markets. 6.9 Interstate conflict 6.10 Terror financing. After joining The Canadian Press, he worked as a parliamentary correspondent, Prairie bureau chief and Ottawa bureau chief. 12.10 Commercial Copyrights Protection. All rights reserved. Gerry: It is a press release distribution company. , 6.25 Failure of critical infrastructure. OR complete the form on this page and a GlobeNewswire representative will be in touch with you promptly. 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026", https://www.researchandmarkets.com/r/wa0l9c. Factcheckers? This was later retweeted by the verified Twitter account of litecoin as well as by Charlie Lee, the creator of the cryptocurrency. December 17, 2020 10:33 ET 11.2 Market Analysis 2020-2026. is a critical piece of the Thomson Reuters information conglomerate that delivers financial and business information to decision makers. More recently as an executive editor in Toronto, his duties have included oversight of content partnerships, business development and government relations. We do not carry or sell advertising, and we dont directly compete for reader or viewer traffic. 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.
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