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News on Medial
BSE Warns Investors Of Deepfake Video Giving Investment Advice
Inc42
·
1y ago
Medial
The Bombay Stock Exchange (BSE) has issued a circular warning about the circulation of fake videos and audio impersonating its MD and CEO, Sundararaman Ramamurthy. These recordings, created through advanced technology, falsely portray individuals pretending to be the BSE's MD and CEO offering inaccurate investment recommendations and stock advice. The BSE strongly advises investors not to trust such videos and audio and urges them not to follow fake recommendations. The exchange clarified that official communications are conducted through their website and official social media accounts. This warning comes after the National Stock Exchange (NSE) cautioned about a deepfake video of its CEO.
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Now, Investor Madhusudan Kela Falls Prey To Deepfakes
Inc42
·
1y ago
Medial
Madhusudan Kela, founder of MK Ventures, has become a victim of deepfake videos. Kela stated in a social media post that a fake video of him promising investment returns is being circulated on various platforms. He has urged people not to invest based on the video and has taken legal action against it. Kela has also tagged regulatory bodies SEBI, BSE, NSE, and Mumbai Police for intervention. Deepfake videos have been on the rise recently, prompting the Indian government to address the issue and implement stricter rules for social media platforms.
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Bombay HC Orders Removal Of NSE MD's Deepfakes Online
Inc42
·
1y ago
Medial
A judge at the High Court has ordered Facebook, WhatsApp, Instagram, and Telegram to delete any accounts or posts that violate the NSE's trademark. The court also instructed the social media platforms to remove any content that is flagged by the NSE within 10 hours of receiving a complaint. The NSE took legal action after deepfake videos of its CEO and MD giving stock advice appeared online.
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Barry Diller warns that time is running out to get AI under control
Business Insider
·
1y ago
Medial
Barry Diller, media billionaire and chairman of IAC, has expressed concerns about the need for regulation on artificial intelligence (AI). He emphasized the urgency to prevent AI from spiraling out of control and cited a video circulating online that featured convincing deepfake replicas of Joe Biden and Donald Trump speaking gibberish. Diller proposed legislation to make it illegal to fabricate content using someone's persona. He also highlighted the necessity of redefining fair use laws that pertain to AI. Diller previously called on publishers to take action against AI using their content without permission.
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Paytm shares hit Rs 700 level, jump 5% amid high turnover today
Business Today
·
5m ago
Medial
Paytm shares increased by 5.34% to reach Rs 700.70 on the BSE, peaking at Rs 700 on the NSE. The stock's turnover reached Rs 427.60 crore on the NSE, with 62,26,150 shares traded. This information is provided by Business Today for informational purposes and should not be considered investment advice. Readers are advised to consult a qualified financial advisor before making investment decisions.
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How Kroop AI Is On A Mission To Free The World From The Deepfake Pandemic
Inc42
·
1y ago
Medial
Ahmedabad-based startup Kroop AI has developed deepfake detection tools trained on high-quality synthetic data to differentiate between real and fake audio and video. The company's tools have gained traction in the BFSI sector, where there is increasing concern over the misuse of deepfake technology. Additionally, Kroop AI has developed a text-to-video generation platform using digital avatars, allowing users to create videos in various languages simply by inputting text. The startup has served clients in ecommerce and pharma industries and is currently in talks with cybersecurity companies for the deployment of its deepfake detection technology.
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Ranveer Singh Files FIR After His Deepfake Video Goes Viral
Inc42
·
1y ago
Medial
Actor Ranveer Singh has lodged a complaint with the Cyber Crime Cell of Mumbai Police against a deepfake video that surfaced on social media. The video featured an AI-generated version of Singh endorsing the Congress political party and criticizing Prime Minister Narendra Modi. This incident highlights the rise of deepfakes and the need for better regulations to curb their spread. Other celebrities have also fallen victim to deepfake technology, emphasizing the urgency to address this issue globally.
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A company lost $25 million after an employee was tricked by deepfakes of his coworkers on a video call
Business Insider
·
1y ago
Medial
Scammers used deepfake technology to dupe an employee at a Hong Kong company, resulting in the theft of $25 million, according to local police. The employee received a message from someone claiming to be the company's CFO and subsequently engaged in a video call with deepfake versions of the CFO and other colleagues, who instructed the employee to transfer the funds. It took a week before the company realized the deception. Investigations are underway, but no arrests have been made. Deepfake videos are a growing concern globally, with calls for legislation to combat their misuse.
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Market alert: NSE, BSE to stay shut on these days this week — plan your trades
Business Today
·
4m ago
Medial
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India will be closed on 14 April for Dr Baba Saheb Ambedkar Jayanti and 18 April for Good Friday, suspending trading in stock and currency derivatives segments. On 14 April, the MCX will close in the morning and reopen at 5 PM, but on 18 April, it will remain closed all day. Readers should seek financial advice before making investment decisions.
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Coforge, Mastek, Tata Tech, Wipro, Mphasis, TechM: Why IT stocks are falling today? Stocks to buy
Business Today
·
6m ago
Medial
IT stocks, including Coforge, Mastek, Tata Tech, Wipro, Mphasis, and Tech Mahindra, are experiencing a decline. Business Today highlights that this information serves purely as market news and not as investment advice. Investors are advised to consult with financial professionals before making investment choices, emphasizing the importance of professional guidance in navigating market dynamics and individual stock performance.
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Don't follow random influencers: Tata Memorial Hospital Director tells Nithin Kamath after stroke
IndianStartupNews
·
1y ago
Medial
Dr. C S Pramesh, the director of Tata Memorial Hospital, has advised Nithin Kamath, CEO of Zerodha, to be cautious of random influencers giving medical advice without scientific backing. This comes after Kamath suffered a mild stroke and received unconventional recovery suggestions from social media influencer Shankar Sharma, including hyperbaric oxygen therapy and red infrared therapy. Dr. Pramesh warns against following ill-researched advice and emphasizes the importance of relying on scientifically validated treatments. Other doctors have also criticized Sharma's suggestions, highlighting the lack of evidence supporting their effectiveness in post-stroke recovery.
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