The value of Litecoin jumped more than 30 percent before Walmart put out a statement saying the news was false. This is especially true in the tech sector. 6.22 Latin America and the Caribbean Homeland Security & Public Safety Market Drivers. Anyone can read what you share. 11.8.4 Market Dynamics 2020-2026. 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. [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. 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. It is a press release distribution company. 10.2 Financial Fraud. Most big corporate news wire companies have secure systems for letting companies submit releases for distribution. 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. 3.2.2 Counter Misinformation Market Inhibitors. All further questions should be directed to GlobeNewswire," it stated. 2 Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 2.1 Misinformation Definition & Background. Research and Markets 6.16 Cyberattacks. The absence of a consumer-facing suite of products makes CP the industrys honest broker, where media brands rely on us to help shape their coverage that keeps Canadians informed 24/7. The relationship between newswires and press release distribution services plays a critical role in journalism and in sharing trusted news information with audiences around the world. 6.13 Terrorist attacks. 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. PRWeb is known as one of the leaders in press How have they kept pace with the ever-changing news cycle, and how do journalists source their stories? It spawned immediate stories in major outlets like CNBC, Reuters, WebDo you think 'GlobeNewswire' is a legitimate news source for making stock buy/sell decisions? The report contains a detailed list and short profile of the companies that provide solutions for counter DeepFake and FakeNews monitoring and detection. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. 3 Counter Misinformation in Homeland Security, Public Safety and National Security Market Background & Assessment 3.1 Counter Misinformation Background. 10.3 Public Health. Whats the history of The Canadian Press? In response to an inquiry by FOX Business, the SEC said it "does not comment on the existence or nonexistence of a possible investigation.". AP Issues Correction After Saying Last Week It Interviewed Radio Host WebA Walmart spokesperson told CNBC that they are investigating how GlobeNewswire shared the fake news. Sign up for notifications from Insider! In an era of fake news, press releases also provide a straight-from-source information that is verifiable. 11.6.1.2 Deep Machine Learning. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. 11.7.2 Bot Networks Detection Tools. 6.17 Interstate conflict 6.18 Middle East and Africa Homeland Security & Public Safety Market Drivers. 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. 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. La Presse filed an enforcement action just three weeks after the scheme began. What will be the counter deepfake and counter fake news software market size in 2019-2025? Mutual Fund and ETF data provided byRefinitiv Lipper. Which end users are expected to invest most in these capabilities? 13.2 Europe, Middle East & Africa (EMEA) Market Background. 11 Technology 11.1 Consolidated Market 2020-2026. The perpetrators of the hoax most likely made money in that time. 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. Research and Markets. Create your releases, choose when and where they'resent. 11.8 Counter Misinformation Technology Types and Solutions. Fox Business Flash top headlines for September 13. The effects that bad actors have can move markets. Bitcoin prices also slipped after briefly turning positive following the hoax announcement. 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. Bloomberg and Reuters, two of the media outlets that had written up the release, retracted and updated their articles. Quotes displayed in real-time or delayed by at least 15 minutes. 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. 6.9 Interstate conflict 6.10 Terror financing. 2.4 Fake News & DeepFake Economic Damages. 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 1.5 Market Breakdown 2020-2026. The implications of that wont be felt for years, but it will have an impact. 6.15 Natural catastrophes. 6.8 Assets bubble. We have taken steps to correct future issues, the statement said. Who are the prominent vendors in the market? 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. Born and educated in Halifax, Nova Scotia, he began his career with The Chronicle-Herald. 11.7.2.2 Device Fingerprinting. 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. 2.3 DeepFake Definition & Background. This has never happened before and we have already put in place enhanced authentication steps to prevent this isolated incident from occurring in the future. This year, specifically, with regards to the pandemic, the demand was for all pandemic, all the time. 11.5 Counter Misinformation Technology Background. The fake Walmart release even led to some confusion at the Litecoin Foundation, which briefly posted it on its Twitter account. 11.6.2.2 Natural Language Processing Application Types. 6.25 Failure of critical infrastructure. The news release went out at 9:30 a.m. Monday, just as the U.S. stock market opened. These tools are a mix of OSINT and Cyber technologies. The foundation later deleted the message and posted that it had not entered into a partnership with Walmart. Gerry: Gerry: 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 retailer said it was looking into how such an announcement, which was published by press release distributor GlobeNewswire, was issued earlier in the day. Pay for only releases you send (no cost for account). 12.8 Cyber Security Agencies. National, provincial and municipal business leaders. In addition, the sophistication behind the creation of DeepFake videos increases the difficulty of identifying and detecting them, making them a much more effective and destructive tool for perpetrators.As the usage and threat of DeepFakes and Fake News intensifies, so do efforts to develop new detection methods, resulting in the next wave of (mis)information warfare. WebGlobeNewswire removed the press release minutes after CNN reached out, and it issued a correction, urging investors and the media to ignore the announcement. Quality of Video Analysis - analyzing the differences between deepfakes and real videos. Press release distribution has major blindspots when it comes to verifying information. 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. WebShare your news with media, investors, and consumers from around the world. Check out what's clicking on FoxBusiness.com. 11.6.2.3 Speech Recognition & Machine Hearing. 11.8.1.2 Fake Profiles Detectors. 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. 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. 1.3 Market Size - Assessment and Forecast - 2020-2026. We are working remotely and continue to have our daily news meetings; they are simply conducted by video conference instead of in person. 11.8.1.5 Market Dynamics 2020-2026. 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. The fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. And in late March and April, that was an easy call because literally everything else stopped, outside of breaking news. 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. 11.4 Market Breakdown 2020-2026. Gerry has spent his entire professional career working in Canadian journalism. 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 American news co-operative and the worlds largest and oldest news agency, is CPs most important strategic partner. 2023 FOX News Network, LLC. PRWeb is a subsidiary of Cision. declined to comment on the matter. WebThe fake release was published on GlobeNewswire, a communication services company that provides companies with a platform to disseminate announcements. "Counter Misinformation (DeepFake & Fake News) Solutions Market - 2020-2026", https://www.researchandmarkets.com/r/wa0l9c. 1.2 Market Dynamics & Opportunities. By Matthew Goldstein,Ephrat Livni and Michael Corkery. And many others will never be used in a story by CP. 6.3 Cyber Attacks. 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. 11.7 Bot Networks. 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. As an example, the day of the federal budget, everyone has an opinion on the budget. 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. here 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. FOX Business' Lucas Manfredi contributed to this report. Press release distributors also struggle to balance ensuring the accuracy of information with being easy for clients to use. 6.11 APAC Homeland Security & Public Safety Market Drivers. The false press release said Walmart would allow its customers to make payments with litecoin at its online stores. 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. 10.4 Personality Theft 10.5 Cyber-enabled Crime. 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. 6.19 Unemployment or underemployment 6.20 Fiscal crises. 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. Walmart has no relationship with litecoin," a company spokesperson told Reuters. There is no question the S.E.C. The Associated Press [3], They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. "There's always going to be one-off situations that put a strain on the systems and processes you've developed," Terenzio said. 11.8.2 DeepFake Detection Solutions. Also, the press contact named in the release does not work in Walmarts media division. 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. 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. For reporters covering certain types of news government and business news conferences, for example the transition has been straight forward. globenewswire 3 6 Finance Business, Economics, and Finance 6 comments Photographers still go out and get images where the news is. Language links are at the top of the page across from the title. is a critical piece of the Thomson Reuters information conglomerate that delivers financial and business information to decision makers. .. Advertisement .. 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GlobeNewswire or Nasdaq GlobeNewswire specializes in news distribution. 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). The announcement made it on to Globe Newswire, a service widely used to An email earlier sent to a contact person in the statement remained 'undeliverable.' Even the Twitter account for the Litecoin Foundation, which promotes the use of the currency, touted the release in a post.