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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. 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. 6.22 Latin America and the Caribbean Homeland Security & Public Safety Market Drivers. As a result, millions of dollars in crypto exchanges were liquidated. 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. 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. "Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). 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. 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. Research and Markets. WebThe fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. 11.7.2.3 Human Interaction Challenge. 11.8.3 Market Size - Assessment and Forecast - 2020-2026. What type of regulations are countries implementing to fight the threats posed by deepfake and fake news activities. "Ultimately it is our clients who author and are responsible for their own content," a Cision spokesperson said. 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. 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. Press release distributors also struggle to balance ensuring the accuracy of information with being easy for clients to use. Whats the history of The Canadian Press? Monitoring news releases from our partners such as GlobeNewswire for relevant and newsworthy information from corporate, governmental, NGO and non-profit entities. 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 11.6.2.5 Applications Types. filed an enforcement action just three weeks after the scheme began. 11.8.1.2 Fake Profiles Detectors. WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. Legal Statement. When we were a co-operative, our member newspapers contributed stories for us to redistribute, but that ended a decade ago. WebGlobeNewswire, the distribution service for press releases, is blaming a fake report on a purported Walmart-Litecoin partnership on bad actors. What will be the counter deepfake and counter fake news software market size in 2019-2025? 9.3 Data Sources. This year, specifically, with regards to the pandemic, the demand was for all pandemic, all the time. 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? 2 Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 2.1 Misinformation Definition & Background. 3.2.2 Counter Misinformation Market Inhibitors. WebEast Africa drought would not have happened without humans, new science says. 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. 3.2 Counter Misinformation Market: Drivers & Inhibitors. Stay up to date with what you want to know. 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 fake Walmart release even led to some confusion at the Litecoin Foundation, which briefly posted it on its Twitter account. WebWalmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). 6.16 Cyberattacks. GlobeNewswire or Nasdaq GlobeNewswire specializes in news distribution. Factcheckers? The opposition. 11.6.1.2 Deep Machine Learning. 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. The Litecoin Foundation has not entered into a partnership with Walmart. 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. 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. Some things cant be done from your home office. PRWeb is a subsidiary of Cision. 12.4 Market Breakdown 2020-2026. Every provincial government. Phony Walmart News Release Signals a Crypto Pump-and-Dump Scheme, https://www.nytimes.com/2021/09/13/business/litecoin-walmart-crypto-hoax.html. Who are the prominent vendors in the market? For one, it listed a contact email address at walmart-corp.com, an unauthorized website. 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. 11.3 Market Dynamics 2020-2026. We were fortunate to have an opportunity to speak with Gerry Arnold, Executive Editor at The Canadian Press. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. 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. 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. Schools, industry, business, and government all struggled to find a way to provide services. WebGlobeNewswire press releases provide a steady stream of information to CP journalists, from financial announcements to product announcements and breaking-news updates. It is an affordable option by Cision probably for small businesses. WebCHARLOTTESVILLE, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Researchers from University of Virginia- Darden School of Business, Boston University, and University of has jurisdiction.. 6.15 Natural catastrophes. 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. If youd like to learn more about GlobeNewswire and The Canadian Press, click 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. 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. 6.19 Unemployment or underemployment 6.20 Fiscal crises. An email earlier sent to a contact person in the statement remained 'undeliverable.' "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026", https://www.researchandmarkets.com/r/wa0l9c. 6.21 Energy price shock. 12.2 Market Analysis 2020-2026. 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. Such hoaxes do happen every now and then. 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). 11.8.1.1 Classic OSINT Tools for Monitoring Purposes. AP Issues Correction After Saying Last Week It Interviewed Radio Host 1.4 Market Dynamics 2020-2026. This material may not be published, broadcast, rewritten, or redistributed. is a critical piece of the Thomson Reuters information conglomerate that delivers financial and business information to decision makers. 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. 11.6 Counter Misinformation Technology Enablers & Applications. The interest in public education campaigns about these topics has therefore grown in step. We are digging into it further to understand what happened, Mr. Hargrove said. The report contains a detailed list and short profile of the companies that provide solutions for counter DeepFake and FakeNews monitoring and detection. [6], In September 2021, GlobeNewswire published an unconfirmed fake news article that Walmart will accept Litecoin LTC payments. Most deepfake videos are created by merging individually generated frames into videos. Unlike CP, both the AP and Reuters run consumer-facing news sites and apps. Media outlets are therefore looking for tangible tools and information that will help their readers achieve this goal. . In that case, the S.E.C. Gerry: Unlike virtually every other media organization in Canada, CP has no business-to-consumer relationships.

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