While the announcement appeared authentic even including a statement purportedly from Walmarts chief executive, Doug McMillon there were clues it was fake. WebA Walmart spokesperson told CNBC that they are investigating how GlobeNewswire shared the fake news. chairman, recently called on Congress to grant financial regulators more authority over cryptocurrency products and exchanges. The opposition. Most deepfake videos are created by merging individually generated frames into videos. here 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. 13.2 Europe, Middle East & Africa (EMEA) Market Background. 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. 11.7 Bot Networks. "Walmart had no knowledge of the press release issued by GlobeNewswire and there is no truth to it. 9.3.1 OSINT (Social Media and Web) 9.3.1.1 Social Media Sources. Reuters withdrew its initial story. [6], In September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. 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. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. 2.2 Fake News Definition & Background. 6.3 Cyber Attacks. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. 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. 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. 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. 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. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. 11.8 Counter Misinformation Technology Types and Solutions. 11.8.5 Market Breakdown 2020-2026. Fake press releases have been used to pump up asset prices. 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. An email earlier sent to a contact person in the statement remained 'undeliverable.' WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. In 2009, federal securities regulators charged a stockbroker with disseminating false releases to manipulate the shares of several public companies. 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. 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. In that case, the S.E.C. Gerry: Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships. 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. Fox Business Flash top headlines for September 13. 11.8.1.6 Market Breakdown 2020-2026. All further questions should be directed to GlobeNewswire," it stated. 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. The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. 11.6 Counter Misinformation Technology Enablers & Applications. 11.8.2.1 Software-based Detection. 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. GlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. 6.8 Assets bubble. For many breaking news stories like the deadly shooting spree in Nova Scotia in the spring reporters were outside talking to people, knocking on doors, and doing the legwork. The price of Litecoin popped as high as $233.44 per coin Monday before turning lower on confirmation of the erroneous news. 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. The S.E.C. 1.5 Market Breakdown 2020-2026. 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. What will be the counter deepfake and counter fake news software market size in 2019-2025? This material may not be published, broadcast, rewritten, or redistributed. Monitoring news releases from our partners such as GlobeNewswire for relevant and newsworthy information from corporate, governmental, NGO and non-profit entities. Walmart has no relationship with Litecoin. Powered and implemented byFactSet Digital Solutions. The newest thing in finance had apparently fallen prey to one of the oldest investor hoaxes around a classic pump-and-dump scheme. Phony Walmart News Release Signals a Crypto Pump-and-Dump Scheme, https://www.nytimes.com/2021/09/13/business/litecoin-walmart-crypto-hoax.html. The retailer later put out a statement saying that the release was incorrect and that it had no partnership with Litecoin. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. We were fortunate to have an opportunity to speak with Gerry Arnold, Executive Editor at The Canadian Press. 3.2.1 Counter Misinformation Market Drivers. And many others will never be used in a story by CP. The Litecoin Foundation has not entered into a partnership with Walmart. Walmart, blindsided, responded with the following statement. 11.7.2.2 Device Fingerprinting. 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 Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. And of course, the economic fallout will continue to be a major story for literally years. This approach has the advantage of possibly working even if the video quality itself is essentially perfect. Thu, 27 Apr 2023. La Presse If youd like to learn more about GlobeNewswire and The Canadian Press, click 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. Track who is reading your news with custom reports. 6.22 Latin America and the Caribbean Homeland Security & Public Safety Market Drivers. And the Walmart-Litecoin fiasco isn't an isolated incident. Which end users are expected to invest most in these capabilities? GlobeNewswire, whose parent company, Intrado, is owned by the big private equity firm Apollo Global Management, competes with PR Newswire and Business Wire. 6.7 Cyberattacks. Gerry: Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. "Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). 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. Cryptocurrency enthusiasts noted another clue: Litecoins relative obscurity makes it an unlikely cryptocurrency choice for a retailer. 11.3 Market Dynamics 2020-2026. 11.6.1.2 Deep Machine Learning. 11.8.1.2 Fake Profiles Detectors. Which submarkets in this field provide attractive business opportunities? 12.2 Market Analysis 2020-2026. A spokesperson For reporters covering certain types of news government and business news conferences, for example the transition has been straight forward. 1.4 Market Dynamics 2020-2026. We remain editorially independent and operate newsrooms in every part of Canada. Domestically, CP generates all its own news. 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. 12.10 Commercial Copyrights Protection. WebShare your news with media, investors, and consumers from around the world. 6.4 Data Fraud or Theft 6.5 Terrorism Threat 6.6 Europe Homeland Security & Public Safety Market Drivers. 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. 12.3 Market Dynamics 2020-2026. Create a Reader Account today to follow the industries and companies that interest you, and customize your news dashboard. When the fake Walmart release came out, Litecoin's value spiked more than 30%. Walmart had no knowledge National, provincial and municipal business leaders. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments The fake Walmart release even led to some confusion at the Litecoin Foundation, which briefly posted it on its Twitter account. 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. Quotes displayed in real-time or delayed by at least 15 minutes. Research and Markets Sign up today for your free Reader Account! Research and Markets. And Walmart normally uses Business Wire for its official announcements, Mr. Hargrove said. 11.8.2 DeepFake Detection Solutions. Track Latest News and Karnataka Elections 2023 Coverage Live on NDTV.com and get news updates from India and around the world. 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. Business Wire declined to comment. Which regions are expected to invest most in these capabilities? Factcheckers? WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). After joining The Canadian Press, he worked as a parliamentary correspondent, Prairie bureau chief and Ottawa bureau chief. Gary Gensler, the S.E.C. 11.8.1.3 Non Tech Solutions. 6.16 Cyberattacks. WebWest acquired GlobeNewswire and other PR tech assets from NASDAQ in 2018 for $335 million. [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. Traditionally, Mutual Fund and ETF data provided byRefinitiv Lipper. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media will not cover some stories without a stock photo or video and cant always dispatch a photographer for every story. 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. As an example, the day of the federal budget, everyone has an opinion on the budget. 11.2 Market Analysis 2020-2026. The value of Litecoin jumped more than 30 percent before Walmart put out a statement saying the news was false. Also, the press contact named in the release does not work in Walmarts media division. Create your releases, choose when and where they'resent. 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. 9.3.1.2 Leading Social Media Platforms. 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. OR complete the form on this page and a GlobeNewswire representative will be in touch with you promptly.
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