Separately, the Litecoin Foundation tweeted it has not entered into a pact with the retailer. What are the market drivers and inhibitors? 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. 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, Gerry: 6.3 Cyber Attacks. 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. Sign up for notifications from Insider! 12.6 LEAs & First Responders12.7 Financial Intelligence & Fraud Detection. 10.6 Revenge Porn & Sextortion. The truthful answer is that it depends on what is going on and who is speaking through the press release. 11.8.4 Market Dynamics 2020-2026. Schools, industry, business, and government all struggled to find a way to provide services. "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. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. The implications of that wont be felt for years, but it will have an impact. 9.3 Data Sources. WebEast Africa drought would not have happened without humans, new science says. 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. . 11.7.2 Bot Networks Detection Tools. 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. 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. 11 Technology 11.1 Consolidated Market 2020-2026. .. Advertisement .. 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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. 11.4 Market Breakdown 2020-2026. 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. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments This was later retweeted by the verified Twitter account of litecoin as well as by Charlie Lee, the creator of the cryptocurrency. Keep scrolling and read the full interview below. 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. 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. Did you know? 12.4 Market Breakdown 2020-2026. And of course, the economic fallout will continue to be a major story for literally years. And the long view of that has many angles to cover. As a subscriber, you have 10 gift articles to give each month. Pay for only releases you send (no cost for account). 6.14 Manmade environmental catastrophes. Part of @Notified. Reuters withdrew its initial story. 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. GlobeNewswire or Nasdaq GlobeNewswire specializes in news distribution. The hoax is also likely to lead to a call for greater regulation of the cryptocurrency industry, which accounts for billions of dollars of trading on largely unregulated markets and can be a pit of misinformation where pump-and-dump schemes occur often. After Walmart and GlobeNewswire disavowed the statement, Litecoin plunged back to its original value. "Walmart had no knowledge of the press release issued by GlobeNewswire and there is no truth to it. 11.8.1.4 Market Size - Assessment and Forecast - 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. 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. If youd like to learn more about GlobeNewswire and The Canadian Press, click Which submarkets in this field provide attractive business opportunities? 13.3 APAC Market Background. Media outlets are therefore looking for tangible tools and information that will help their readers achieve this goal. How have they kept pace with the ever-changing news cycle, and how do journalists source their stories? 12 Vertical Markets 12.1 Consolidated Market 2020-2026. 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. 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. National, provincial and municipal business leaders. 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. It spawned immediate stories in major outlets like CNBC, Reuters, Track Latest News and Karnataka Elections 2023 Coverage Live on NDTV.com and get news updates from India and around the world. 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. 11.7.1 What are Bot Networks. WebThe source seemed legit: An announcement posted on GlobeNewswire, a service for press release distribution. Some things cant be done from your home office. Cary Lee Peterson, 38, of Phoenix, was sentenced to 52 months in prison on charges unrelated to the super PAC on Thursday. This can also be used for face audio detection. 3.2.1 Counter Misinformation Market Drivers. 11.6.2.5 Applications Types. 6.23 Failure of national governance. 1.2 Market Dynamics & Opportunities. These tools are a mix of OSINT and Cyber technologies. 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. Like the AP, their focus is international, whereas CPs focus is domestic Canadian news, complemented by APs world coverage. What will the relevant trends be during that time? Stay up to date with what you want to know. Photographers still go out and get images where the news is. Whats the history of The Canadian Press? 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. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. Gerry has spent his entire professional career working in Canadian journalism. 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. Research and Markets. Walmart, blindsided, responded with the following statement. Walmart has no relationship with litecoin," a company spokesperson told Reuters. It is a press release distribution company. TotalEnergies adopts Wiztrust, Wiztopic's blockchain-based certification platform for corporate communication. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. 11.6.1.1 Machine Learning Methods. 11.3 Market Dynamics 2020-2026. 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 1.4 Market Dynamics 2020-2026. 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. 6.12 Water Crises. As a result, millions of dollars in crypto exchanges were liquidated. Thu, 27 Apr 2023. Media will not cover some stories without a stock photo or video and cant always dispatch a photographer for every story. WebDo you think 'GlobeNewswire' is a legitimate news source for making stock buy/sell decisions? Shortly thereafter, the article was deleted, but the damage had already been done. What will be the fake news detection software market size in 2019-2025? We are digging into it further to understand what happened, Mr. Hargrove said. GlobeNewswire, whose parent company, Intrado, is owned by the big private equity firm Apollo Global Management, competes with PR Newswire and Business Wire. 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. 12.5 Government Intelligence Agencies. 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. 6.13 Terrorist attacks. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. 12.2 Market Analysis 2020-2026. 9.2 Active Data Sources. [3], They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. Sign up today for your free Reader Account! 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. What type of regulations are countries implementing to fight the threats posed by deepfake and fake news activities. The Litecoin Foundation has not entered into a partnership with Walmart. Walmart had no knowledge December 17, 2020 10:33 ET 11.6.2.2 Natural Language Processing Application Types. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. 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. We still make the same value judgments as in the past. 6.22 Latin America and the Caribbean Homeland Security & Public Safety Market Drivers. A spokesperson The fake press release got significant traction, after it was up for two hours. 11.8.2 DeepFake Detection Solutions. Press release distribution has major blindspots when it comes to verifying information. 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. Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. WebShare your news with media, investors, and consumers from around the world. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. The Globe and Mail 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. The Associated Press 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. The announcement appeared real enough that several media outlets wrote it up. And Walmart normally uses Business Wire for its official announcements, Mr. Hargrove said. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. A press release from PRWeb Pricing cost between $99 and $369. 6.7 Cyberattacks. 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. 2.4 Fake News & DeepFake Economic Damages. The S.E.C. "Overall, it's really important for us to use technology on individual platforms and to have manual checks and balances.". What will be the counter deepfake and counter fake news software market size in 2019-2025? [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. 11.7.2.1 Intent Analysis Tools. 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. 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. Mutual Fund and ETF data provided byRefinitiv Lipper. 11.8 Counter Misinformation Technology Types and Solutions. 11.8.1 Fake News Detection Solutions. 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. WebIn September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. 2.3 DeepFake Definition & Background. 3 Counter Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 3.1 Counter Misinformation Background. Create your releases, choose when and where they'resent. 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 The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. Torstar 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. For one, it listed a contact email address at walmart-corp.com, an unauthorized website. WebBy that time, several major news websites and press agencies had spread the supposed news. 1.3 Market Size - Assessment and Forecast - 2020-2026. WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. As a result, millions of dollars in crypto 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. 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. Digital currencies briefly jumped in value after a fake release said the retailer would start accepting the little-used Litecoin. The newest thing in finance had apparently fallen prey to one of the oldest investor hoaxes around a classic pump-and-dump scheme. 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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