Also, the press contact named in the release does not work in Walmarts media division. Gerry: A spokesperson Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. This is especially true in the tech sector. As a result, millions of dollars in crypto Business Wire declined to comment. 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: | Source: 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. 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. And many others will never be used in a story by CP. 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. For one, it listed a contact email address at walmart-corp.com, an unauthorized website. WebDo you think 'GlobeNewswire' is a legitimate news source for making stock buy/sell decisions? 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. The report contains a detailed list and short profile of the companies that provide solutions for counter DeepFake and FakeNews monitoring and detection. "There's always going to be one-off situations that put a strain on the systems and processes you've developed," Terenzio said. This was later retweeted by the verified Twitter account of litecoin as well as by Charlie Lee, the creator of the cryptocurrency. here 11.6.2.4 Machine Vision. declined to comment on the matter. 2.2 Fake News Definition & Background. 6.9 Interstate conflict 6.10 Terror financing. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. 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 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. [3], They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. Anyone can read what you share. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 10 Threats Generated by Misinformation Campaigns 10.1 Election Campaigns and Politics. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. Media will not cover some stories without a stock photo or video and cant always dispatch a photographer for every story. WebStephen Kings Fake News Tweet About Ron DeSantis Debunked, Writer Apologizes. Pay for only releases you send (no cost for account). 6.14 Manmade environmental catastrophes. The effects that bad actors have can move markets. Which end users are expected to invest most in these capabilities? We remain editorially independent and operate newsrooms in every part of Canada. The Litecoin Foundation has not entered into a partnership with Walmart. [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. 11.8.2 DeepFake Detection Solutions. Which submarkets in this field provide attractive business opportunities? 11.7.2.4 Behavioral Analysis. Sign up today for your free Reader Account! 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. 6.24 Economic issues. We still make the same value judgments as in the past. 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. 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. Separately, the Litecoin Foundation tweeted it has not entered into a pact with the retailer. Cryptocurrency enthusiasts noted another clue: Litecoins relative obscurity makes it an unlikely cryptocurrency choice for a retailer. GlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. Schools, industry, business, and government all struggled to find a way to provide services. 2 Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 2.1 Misinformation Definition & Background. 2.4 Fake News & DeepFake Economic Damages. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrado) acquired the Public Relations Solutions and Digital Media Services Businesses,[2] including GlobeNewswire, from Nasdaq. 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. Press release distribution has major blindspots when it comes to verifying information. 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. 11.8 Counter Misinformation Technology Types and Solutions. WebCHARLOTTESVILLE, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Researchers from University of Virginia- Darden School of Business, Boston University, and University of Walmart has no relationship with Litecoin. 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 Press release distributors also struggle to balance ensuring the accuracy of information with being easy for clients to use. . 6.16 Cyberattacks. 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. 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. Scam artist who started pro-Sanders super PAC sentenced to WebIn September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. 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. Some of those have primary usefulness information from an important source we might use right away. All further questions should be directed to GlobeNewswire," it stated. GlobeNewswire blames Walmart-Litecoin fakery on Gerry: The foundation later deleted the message and posted that it had not entered into a partnership with Walmart. 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. 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. "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. 6.4 Data Fraud or Theft 6.5 Terrorism Threat 6.6 Europe Homeland Security & Public Safety Market Drivers. 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). There is no question the S.E.C. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. 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. Every provincial government. 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. 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. It is an affordable option by Cision probably for small businesses. And the Walmart-Litecoin fiasco isn't an isolated incident. Some things cant be done from your home office. 12.8 Cyber Security Agencies. The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. Pump and Dump: Fake Press Releases Crossing the 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. 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. Walmart Statement in Response to Fake Litecoin Press 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. The price of Litecoin popped as high as $233.44 per coin Monday before turning lower on confirmation of the erroneous news. It spawned immediate stories in major outlets like CNBC, Reuters, 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, 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. 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. 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 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. Stay up to date with what you want to know. We do not carry or sell advertising, and we dont directly compete for reader or viewer traffic. Gary Gensler, the S.E.C. Shortly thereafter, the article was deleted, but the damage had already been done. In 2013, a fake press release from Sweden-based Fingerprint Cards falsely claimed it was being acquired by Samsung for $650 million and in 2010, a fake press release was falsely claimed then-US President Barack Obama ordered an investigation into the food company General Mills. 2023 FOX News Network, LLC. Fake News Generator 11.6.2.2 Natural Language Processing Application Types. The fake press release got significant traction, after it was up for two hours. Bitcoin prices also slipped after briefly turning positive following the hoax announcement. 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. What will be the counter deepfake and counter fake news software market size in 2019-2025? Web vs Globe Newswire Services Revealed 13.3 APAC Market Background. Unlike CP, both the AP and Reuters run consumer-facing news sites and apps. Domestically, CP generates all its own news. 3 Counter Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 3.1 Counter Misinformation Background. "No matter how many failsafes you have in place, nothing is ever going to be foolproof," he said. La Presse 6.21 Energy price shock. 6.2 North America Homeland Security & Public Safety Market Drivers. 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. The fake Walmart-Litecoin release went out at 9 am and wasn't taken down until after 11 am. 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. After Walmart called it fake, GlobeNewswire published a notice to "disregard" the press release. 12.3 Market Dynamics 2020-2026. is a critical piece of the Thomson Reuters information conglomerate that delivers financial and business information to decision makers. Shipping and discount codes are added at checkout. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. If youd like to learn more about GlobeNewswire and The Canadian Press, click 1.2 Market Dynamics & Opportunities. 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. 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. 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. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. The article was primarily launched by a possibly hacked LiteCoin Twitter account; alternatively, active assistance to manipulate the market is also conceivable.[7][8]. 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. 12.2 Market Analysis 2020-2026. 11.8.1 Fake News Detection Solutions. Reuters This material may not be published, broadcast, rewritten, or redistributed. 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. WebShare your news with media, investors, and consumers from around the world. 10.6 Revenge Porn & Sextortion. However, it did not comment to a query by Reuters on the fake statement or the subsequent notice. Gerry: 2.3 DeepFake Definition & Background. 6.11 APAC Homeland Security & Public Safety Market Drivers. 11.6.2.5 Applications Types. 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. An email earlier sent to a contact person in the statement remained 'undeliverable.' Check out what's clicking on FoxBusiness.com. Walmart says looking into fake press release on litecoin National, provincial and municipal business leaders. Cary Lee Peterson, 38, of Phoenix, was sentenced to 52 months in prison on charges unrelated to the super PAC on Thursday. Like the AP, their focus is international, whereas CPs focus is domestic Canadian news, complemented by APs world coverage. 11.7.2.1 Intent Analysis Tools. Media outlets are therefore looking for tangible tools and information that will help their readers achieve this goal. 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. 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. Powered and implemented byFactSet Digital Solutions. The Canadian Press and GlobeNewswire | The 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. 11.7.2.2 Device Fingerprinting. Litecoin jumped about 30 per cent following the fake statement, but they quickly pared gains and were last up just about 3 per cent. When the fake Walmart release came out, Litecoin's value spiked more than 30%. 12.4 Market Breakdown 2020-2026. , 11.8.1.5 Market Dynamics 2020-2026. 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. 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. 3.2 Counter Misinformation Market: Drivers & Inhibitors. WebBy that time, several major news websites and press agencies had spread the supposed news. 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 "Overall, it's really important for us to use technology on individual platforms and to have manual checks and balances.". Gerry: 12.10 Commercial Copyrights Protection. Create a Reader Account today to follow the industries and companies that interest you, and customize your news dashboard. 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. 11.8.3 Market Size - Assessment and Forecast - 2020-2026. GlobeNewswire Says, In Response To Fake As an example, the day of the federal budget, everyone has an opinion on the budget. Proactively using our own staff to research, break and develop news; Monitoring local radio and television for top stories across Canada; and. 9.3.1.2 Leading Social Media Platforms. Market data provided byFactset. The value of Litecoin jumped more than 30 percent before Walmart put out a statement saying the news was false. As a result, millions of dollars in crypto exchanges were liquidated. Did you know? It is unclear whether the Securities and Exchange Commission or any other federal agencies are probing the incident. 11.8.4 Market Dynamics 2020-2026. 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. 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. 11.8.5 Market Breakdown 2020-2026. 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. 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. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. What are the market drivers and inhibitors? 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. 1.4 Market Dynamics 2020-2026. Whats the history of The Canadian Press? December 17, 2020 10:33 ET Fake News | The Daily Wire And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. Walmart says claims of cryptocurrency Litecoin globenewswire 3 6 Finance Business, Economics, and Finance 6 comments Do you think 'GlobeNewswire' is a legitimate news Born and educated in Halifax, Nova Scotia, he began his career with The Chronicle-Herald. 6.23 Failure of national governance. 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. 11.5 Counter Misinformation Technology Background. Which regions are expected to invest most in these capabilities? Part of @Notified. In 2009, federal securities regulators charged a stockbroker with disseminating false releases to manipulate the shares of several public companies. GlobeNewswire delivers your releases over The Canadian Press Wire to almost 700 media outlets. GlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.".