We are working remotely and continue to have our daily news meetings; they are simply conducted by video conference instead of in person. GlobeNewswire delivers your releases over The Canadian Press Wire to almost 700 media outlets. And many others will never be used in a story by CP. 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. FOX Business' Lucas Manfredi contributed to this report. 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. Walmart says crypto payments announcement is fake. 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. This is especially true in the tech sector. Webcasting has also made it easier for our team to connect with and report on local stories that matter to those communities. Media are also looking for content rich press releases which provide access to images and videos, including B-roll. 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. Many of these companies are startups such as Cheq, Metafact, Cyabra, Falso Tech, Sensity, and others. The announcement made it on to Globe Newswire, a service widely used to Track who is reading your news with custom reports. Track Latest News and Karnataka Elections 2023 Coverage Live on NDTV.com and get news updates from India and around the world. Walmart shares opened higher on Monday, but were last trading down 0.8 per cent. Some of those have primary usefulness information from an important source we might use right away. Also, the press contact named in the release does not work in Walmarts media division.
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