Sign up today for your free Reader Account! And of course, the economic fallout will continue to be a major story for literally years. 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. Press release distribution has major blindspots when it comes to verifying information. 3.2.1 Counter Misinformation Market Drivers. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. The price of Litecoin popped as high as $233.44 per coin Monday before turning lower on confirmation of the erroneous news. AP Issues Correction After Saying Last Week It Interviewed Radio Host 12.5 Government Intelligence Agencies. And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. 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. [3], They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. Gerry: 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. As a result, millions of dollars in crypto exchanges were liquidated. Separately, the Litecoin Foundation tweeted it has not entered into a pact with the retailer. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments 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. It spawned immediate stories in major outlets like CNBC, Reuters, Quality of Video Analysis - analyzing the differences between deepfakes and real videos. Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships. "Overall, it's really important for us to use technology on individual platforms and to have manual checks and balances.". Sign up for notifications from Insider! 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. 9.3.1 OSINT (Social Media and Web) 9.3.1.1 Social Media Sources. 6.4 Data Fraud or Theft 6.5 Terrorism Threat 6.6 Europe Homeland Security & Public Safety Market Drivers. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. The effects that bad actors have can move markets. These tools are a mix of OSINT and Cyber technologies. Powered and implemented byFactSet Digital Solutions. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. Business Wire declined to comment. Walmart had no knowledge [4], In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. GlobeNewswire, whose parent company, Intrado, is owned by the big private equity firm Apollo Global Management, competes with PR Newswire and Business Wire. 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. Part of @Notified. 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. This year, specifically, with regards to the pandemic, the demand was for all pandemic, all the time. Walmart has no relationship with litecoin," a company spokesperson told Reuters. National, provincial and municipal business leaders. Photographers still go out and get images where the news is. WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. "Walmart had no knowledge of the press release issued by GlobeNewswire and there is no truth to it. 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. 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. 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. 2.3 DeepFake Definition & Background. 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. PR pros can sign up to receive a list of direct phone numbers and email addresses of Canadian Press editors and bureau chiefs. 11.8.4 Market Dynamics 2020-2026. 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. 11.6.2 Natural Language Processing (NLP) 11.6.2.1 Natural Language Processing Components. Language links are at the top of the page across from the title. Reuters withdrew its initial story. 11.8 Counter Misinformation Technology Types and Solutions. It is unclear whether the Securities and Exchange Commission or any other federal agencies are probing the incident. 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. 11.7.1 What are Bot Networks. 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. 13 Regional Markets 13.1 North America Market Background. 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. 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. 11.8.1 Fake News Detection Solutions. For instance, when Newswire issues a press release about a partnership between two companies like the fake release that claimed Walmart was working with Litecoin it requires written permission from a ranking marketing or C-level exec, Terenzio said. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. The Associated Press 12.9 Military & Defense Intelligence. Although DeepFakes are not as prevalent and widespread as Fake News articles, they are increasing in popularity and have a much greater effect on the general population. 6.12 Water Crises. Who are the prominent vendors in the market? WebShare your news with media, investors, and consumers from around the world. The opposition. As a subscriber, you have 10 gift articles to give each month. 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. 12.10 Commercial Copyrights Protection. 6.13 Terrorist attacks. Mutual Fund and ETF data provided byRefinitiv Lipper. The false press release said Walmart would allow its customers to make payments with litecoin at its online stores. 11.8.1.3 Non Tech Solutions. An email earlier sent to a contact person in the statement remained 'undeliverable.' Fox Business Flash top headlines for September 13. Check out what's clicking on FoxBusiness.com. There is no question the S.E.C. 11.8.1.4 Market Size - Assessment and Forecast - 2020-2026. 10.4 Personality Theft 10.5 Cyber-enabled Crime. Domestically, CP generates all its own news. WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). When we were a co-operative, our member newspapers contributed stories for us to redistribute, but that ended a decade ago. And the long view of that has many angles to cover. The fake Walmart-Litecoin release went out at 9 am and wasn't taken down until after 11 am. "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026", https://www.researchandmarkets.com/r/wa0l9c. 6.19 Unemployment or underemployment 6.20 Fiscal crises. Also, the press contact named in the release does not work in Walmarts media division. 1.2 Market Dynamics & Opportunities. 10.2 Financial Fraud. 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. 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. Even if an image is not used immediately, it gets archived for possible use in the future. WebDo you think 'GlobeNewswire' is a legitimate news source for making stock buy/sell decisions? 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. Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. 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. GlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. 11.6.2.4 Machine Vision. 12.6 LEAs & First Responders12.7 Financial Intelligence & Fraud Detection. 11.2 Market Analysis 2020-2026. 11.6.2.2 Natural Language Processing Application Types. In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.". 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. Unlike CP, both the AP and Reuters run consumer-facing news sites and apps. 6.3 Cyber Attacks. When the fake Walmart release came out, Litecoin's value spiked more than 30%. Proactively using our own staff to research, break and develop news; Monitoring local radio and television for top stories across Canada; and. Gerry: Cryptocurrency enthusiasts noted another clue: Litecoins relative obscurity makes it an unlikely cryptocurrency choice for a retailer. 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. 12.3 Market Dynamics 2020-2026. 6.14 Manmade environmental catastrophes. What will be the fake news detection software market size in 2019-2025? Every provincial government. La Presse 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. The fake press release got significant traction, after it was up for two hours. 11.3 Market Dynamics 2020-2026. 6.15 Natural catastrophes. 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. Pay for only releases you send (no cost for account). WebBy that time, several major news websites and press agencies had spread the supposed news. Track Latest News and Karnataka Elections 2023 Coverage Live on NDTV.com and get news updates from India and around the world. Which submarkets in this field provide attractive business opportunities? 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. . And many others will never be used in a story by CP. The report contains a detailed list and short profile of the companies that provide solutions for counter DeepFake and FakeNews monitoring and detection. 11.8.2 DeepFake Detection Solutions. For reporters covering certain types of news government and business news conferences, for example the transition has been straight forward. Digital currencies briefly jumped in value after a fake release said the retailer would start accepting the little-used Litecoin. 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. By analyzing the essential data from the faces in individual frames of a video and then tracking them through sets of concurrent frames one is able to detect inconsistencies in the flow of the information from one frame to another. 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. Thu, 27 Apr 2023. 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. Gerry: We do not carry or sell advertising, and we dont directly compete for reader or viewer traffic. 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. Which regions are expected to invest most in these capabilities? 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. 11.8.1.2 Fake Profiles Detectors. 11.6.2.5 Applications Types. After joining The Canadian Press, he worked as a parliamentary correspondent, Prairie bureau chief and Ottawa bureau chief.
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