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Tag: fake

Fake online reviews under investigation by competition authority

Fake online reviews under investigation by competition authority

Technology
The UK Competition and Markets Authority (CMA) has launched an investigation into fake and misleading reviews on several major websites.It said it would examine whether online shops were "doing enough" to protect customers as they turn to online shopping during lockdown.The authority warned it would "not hesitate" to take action if sites are disobeying the law.That could include taking major retailers to court."During lockdown, we're more dependent than ever on online shopping, so it's really important that the online reviews we read are genuine opinions," said CMA chief executive Andrea Coscelli."If someone is persuaded to buy something after reading a fake or misleading review, they could end up wasting their money on a product or service that wasn't wh...
‘Fake news’ tweets which could make coronavirus outbreak worse to be removed

‘Fake news’ tweets which could make coronavirus outbreak worse to be removed

Technology
Tweets that put people at risk of contracting the COVID-19 coronavirus as it rapidly spreads across the globe are to be removed by Twitter to help the public get accurate information and avoid myths and misinformation.This includes posts which promote "fake or ineffective treatments" for COVID-19 as well as those that deny "expert guidance" on the coronavirus. The social network site, which has millions of active users, has said such tweets would contravene its safety rules so they will be marked as harmful and removed. ...
Fake video shared by Trump gets first ever ‘manipulated’ tag on Twitter

Fake video shared by Trump gets first ever ‘manipulated’ tag on Twitter

Technology
A clip posted by a White House communications chief - and shared by Donald Trump - is the first ever to be flagged as "manipulated media" by Twitter.Dan Scavino, the White House's social media director, tweeted the clip of Joe Biden late on Saturday night. It appeared to show the Democrat front runner Joe Biden saying voters "can only re-elect" Republican president Donald Trump.In the clip, Mr Biden says: "Excuse me. We can only re-elect Donald Trump." Image: President Donald Trump retweeted the edited clip. Pic: Twitter However, the clip had been edited to remove some of the context of his speech in Missouri. Mr Biden actually said: "Excuse me. We can only re-elect Donald Trump if in fact we get engaged in this circular firing squad ...
Wells Fargo reaches $3bn fake accounts settlement

Wells Fargo reaches $3bn fake accounts settlement

Business
Wells Fargo, a major US bank, has agreed to pay $ 3bn (£2.3bn) to resolve a government investigation into its sales practices, including opening fake customer accounts.The bank admitted it had wrongly collected millions of dollars in fees, misused customer information and harmed the credit rating of customers.The settlement comes about four years after the scandal first erupted.It has already forced out two chief executives and led to hefty fines.Since 2018, Wells Fargo has been operating under an order from the US Federal Reserve that limits its growth. John Stumpf: Ex-Wells Fargo boss pays $ 17.5m to settle charges Wells Fargo hit by record $ 1bn penalty Charlie Scharf, who became chief executive in October, said the settlement was a "significant step i
North Carolina Facebook page labelled fake news

North Carolina Facebook page labelled fake news

Technology
A Facebook page that seemed to be sharing local news in North Carolina is a textbook example of a disinformation campaign, BBC News has been told.The site accumulated more than 50,000 followers in less than a month but also raised suspicions it was peddling fake news.Administrators of the site claimed to be students at the North Carolina State University, working on a news project.The university told BBC News that was not the case and blamed Russian bots.Disinformation expert Dr Claire Wardle said: "It has all the hallmarks - it is labelled as 'satire' to get it past the Facebook fact-checkers, it is using genuine content but stories that are from years ago and from all over the US and not just North Carolina, it has stories that...