Iran Latest Bad Actor to Spread Misinformation on Facebook
*By Carlo Versano*
Facebook, Twitter, and Microsoft all announced this week they had shut down accounts and websites created to spread misinformation or malware almost immediately after discovering them.
But the scope of the threat remains unclear.
"I don't think anybody has a sense of how big the disinformation efforts are online by various foreign adversaries," said Washington Post technology reporter Craig Timberg. "It's not clear to me there are any systems set up to catch it."
The latest sweep targeted accounts and posts all traced to Iran ー hundreds, in the case of Facebook and Twitter ー though they pale in comparison to the coordinated misinformation campaign the Russians deployed in 2016, Timberg said Wednesday in an interview on Cheddar.
The speed with which these companies are alerting the public indicates they realize a need to be proactive about manipulation efforts on their platforms, said Sara Fischer, a reporter for Axios who also appeared Wednesday on Cheddar.
"I think it gives them a little bit of an upper hand every time they come out and say, 'We found something,'" Fisher said. The hope is that a "more holistic effort" will develop between the public and private sectors to take on cybersecurity issues, she added.
Fischer said that Silicon Valley's attempts at transparency are currying favor with regulators in Washington and strengthening users' trust in the platforms.
"This is evolving from being a tech policy and tech response conversation to a national security conversation," she said.
Facebook [announced](https://newsroom.fb.com/news/2018/08/more-coordinated-inauthentic-behavior) on Tuesday it removed 652 accounts and pages with ties to Iran. Soon after, Twitter [said](https://twitter.com/TwitterSafety/status/1032055161978585088) it suspended 284 accounts, many of which also originated in Iran, all meant to engage "in coordinated manipulation."
The Iranian Facebook campaigns included anti-Saudi and anti-Israel content and were aimed at users in the U.S., UK, Latin America, and the Middle East, according to [Fireye](https://www.fireeye.com/blog/threat-research/2018/08/suspected-iranian-influence-operation.html), a cybersecurity firm that worked with Facebook on the investigation.
Both announcements follow a [report](https://cheddar.com/videos/microsoft-uncovers-new-russian-hacking-scheme) earlier in the week from Microsoft that found Russian intelligence groups had built a suite of fake U.S. political sites in an attempted spear-phishing campaign.
It has been well-established that social media can be used as a tool for manipulation by bad actors, Timberg said.
"We shouldn't believe everything we read on the internet," he said.
For full interview, [click here] (https://cheddar.com/videos/iranian-fake-news-accounts-targeted-people-around-the-world).
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Blue Origin launched its third manned mission over the weekend with 'Good Morning America' host Michael Strahan and Laura Shepard Churchley, daughter of astronaut Alan Shepard on board, alongside several Blue Origin investors.
This comes after the spaceflight firm launched two successful missions to the edge of space earlier this year. How will these missions set up Blue Origin for success as it competes with SpaceX and other companies for space tourism domination and more? Joey Roulette, space reporter at The New York Times, joins Cheddar News' Closing Bell to discuss.
Editorial and stock photo provider Getty Images is gearing up to make its public debut via a SPAC merger with CC Neuberger Principal Holdings II bringing it to a $4.8 billion valuation. CEO Craig Peters joined Cheddar to break down the decision to go public and noted that the merger will help to pay down debt. "That's going to really enable a lot of additional free cash flow and financial flexibility into the business," he noted. "That's just going to allow us to just invest more aggressively into the business to accelerate what is already accelerating growth." Peters also discussed the legacy image platform's place going forward in the expanding world of digital assets like NFTs and the metaverse.
Headspace Health has just launched the 'Headspace for Teens' social impact initiative, which will offer free access to the Headspace app for all teens ages 13 - 18 in America. Alice Nathoo, head of social impact at Headspace joins Cheddar News to talk about the program.
Cuy Sheffield, head of crypto at Visa, joined Cheddar's "Closing Bell" to talk about Visa's commitment and the partnerships the company has established to make crypto a conventional form of currency. He noted that banks are becoming more receptive to digital currency as their customers move portions of money to crypto platforms and also explained steps Visa is taking to make them more climate conscious.
Boxed, an e-commerce grocery platform that sells bulk consumables to businesses and household customers, began trading under the ticket symbol "BOXD" after completing a transaction with SPAC Seven Oaks Acquisition. Chieh Huang, co-founder and CEO of Boxed joins Cheddar News to talk about the company's growth.