Business groups call for action on fraudulent social media ads

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Some fake adverts receive 250,000 views before they are identified as selling counterfeit goods, says new report. Photo: Getty
Some fake adverts receive 250,000 views before they are identified as selling counterfeit goods, says new report. Photo: Getty

Business groups are calling on social media platforms to tackle fake adverts selling counterfeit goods.

Some 70 major brands have been targeted by false ads on Facebook (FB), Instagram, YouTube and Google (GOOG) according to a report by the Transnational Alliance to Combat Illicit Trade (TRACIT) and the American Apparel and Footwear Association (AAFA).

The fake adverts can receive up to 250,000 views before they are detected says the report.

 “It’s alarming that people are exposed to fraudulent advertisements for counterfeits while they’re thumbing through their social media accounts,” said TRACIT director general Jeffrey Hardy.

“The ads are so professional that they easily deceive consumers into thinking they’re getting a great deal. Instead, they’re being diverted to a rogue website that was built specifically to sell and distribute counterfeits.”

The report

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Edited Transcript of 4751.T earnings conference call or presentation 22-Jul-20 7:00am GMT

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Q3 2020 CyberAgent Inc Earnings Presentation

Tokyo Jul 24, 2020 (Thomson StreetEvents) — Edited Transcript of CyberAgent Inc earnings conference call or presentation Wednesday, July 22, 2020 at 7:00:00am GMT

TEXT version of Transcript

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Corporate Participants

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* Susumu Fujita

CyberAgent, Inc. – Co-Founder, CEO, President & Representative Director

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Presentation

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Unidentified Company Representative, [1]

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It is now time to start the financial results announcement of CyberAgent for the Third Quarter of FY 2020 ending in September. This financial results announcement will be live streamed. For what will be explained to you today, please refer to the disclaimer written in the presentation material.

Now our President Susumu Fujita will walk you through the financial results.

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Susumu Fujita, CyberAgent, Inc. – Co-Founder, CEO, President & Representative Director [2]

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Hello. I’m Susumu Fujita, the President of CyberAgent. Now I would like to share with you the financial

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Edited Transcript of PNBH.NS earnings conference call or presentation 23-Jul-20 12:30pm GMT

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NEW DELHI Jul 24, 2020 (Thomson StreetEvents) — Edited Transcript of PNB Housing Finance Ltd earnings conference call or presentation Thursday, July 23, 2020 at 12:30:00pm GMT

Ladies and gentlemen, good day, and welcome to the PNB Housing Finance Limited Q1 FY ’21 Earnings Conference Call. (Operator Instructions) Please note, that this conference is being recorded. I now hand the conference over to Ms. Deepika Gupta Padhi. Thank you, and over to you, ma’am.

Thank you, Raymond. Good evening, and welcome, everyone. We are here to discuss PNB Housing Finance Q1 Financial Year 2021 results. You must have seen our business and financial numbers in the presentation and the press release as shared with the stock exchanges and is also available on our website.

With me, we have our leadership team represented by Mr. Neeraj Vyas, Managing Director and CEO; Mr. Ajay Gupta, Executive Director, Risk Management; Mr. Kapish Jain, … Read More

Edited Transcript of NXT.L earnings conference call or presentation 19-Mar-20 8:45am GMT

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London Jul 23, 2020 (Thomson StreetEvents) — Edited Transcript of Next PLC earnings conference call or presentation Thursday, March 19, 2020 at 8:45:00am GMT

* Simon A. Wolfson

Simon A. Wolfson, NEXT plc – CEO & Executive Director [1]

Well, good morning, everybody. Thank you very much for joining the conference call this morning. Today’s presentation is broken down into 3 sections. The first section is the section that you will be familiar with. It will take around 22, 23 minutes, and it goes through all the numbers from last year. So for those of you who aren’t interested in last year’s numbers, you can get out and make yourself a cup of tea, but make sure you’re back in 22 minutes’ time.

The second section deals with coronavirus. We’re going to deal with the impact that it may have on the business’ sales, its cash flow and what we … Read More

Edited Transcript of 4293.T earnings conference call or presentation 28-Apr-20 10:59am GMT

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Q2 2020 Septeni Holdings Co Ltd Earnings Call

Jul 23, 2020 (Thomson StreetEvents) — Edited Transcript of Septeni Holdings Co Ltd earnings conference call or presentation Tuesday, April 28, 2020 at 10:59:00am GMT

TEXT version of Transcript

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Corporate Participants

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* Koki Sato

Septeni Holdings Co., Ltd. – Group Executive President, CEO & Representative Director

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Presentation

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Koki Sato, Septeni Holdings Co., Ltd. – Group Executive President, CEO & Representative Director [1]

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I am Sato. Thank you very much for participating in our business results briefing despite your busy schedule today.

Now let me start my explanation on our business results for the second quarter. But before I start, as you all know, external environment is substantially changed by the pandemic of COVID-19. This is affecting our business significantly as well. So I will cover the changes in business environment and the impact on our management with

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Live event workers call for federal relief

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America’s live event and entertainment businesses came to a screeching halt this year when most states imposed restrictions on large gatherings because of COVID-19. Now, many say their industry feels forgotten, and they need financial relief to survive.

Brad Dunnum has owned ARIA Show Technology in western Michigan since 1999, employing 10 people who provide sound, lighting, video and other services for live events. But the pandemic forced Dunnum to lay all of them off in June.

“We’re not seen or heard a lot because we’re behind the scenes,” Dunnum said. “When nobody notices us that means we’ve done a good job … and because of that, a lot of folks have forgotten about us.”

Nearly 17 million people were employed in the leisure and hospitality industry, which includes the live events industry, at the beginning of 2020, according to the Bureau of Labor Statistics. That number dropped sharply to

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Did Hedge Funds Make The Right Call On Resideo Technologies, Inc. (REZI) ?

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The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. Now, we are almost done with the second quarter. Investors decided to bet on the economic recovery and a stock market rebound. S&P 500 Index returned almost 20% this quarter. In this article you are going to find out whether hedge funds thoughtResideo Technologies, Inc. (NYSE:REZI) was a good investment heading into the second quarter and how the stock traded in comparison to the top hedge fund picks.

Resideo Technologies, Inc. (NYSE:REZI) has seen an increase in enthusiasm from smart money of late. REZI was in 25 hedge funds’ portfolios at the end of the first quarter of

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Edited Transcript of DC.L earnings conference call or presentation 15-Jul-20 8:00am GMT

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London Jul 16, 2020 (Thomson StreetEvents) — Edited Transcript of Dixons Carphone PLC earnings conference call or presentation Wednesday, July 15, 2020 at 8:00:00am GMT

* Jonathan P. Mason

* Richard B. Chamberlain

Hello, and welcome to the Dixons Carphone 2020 Full Year Results Conference Call. My name is Molly, and I’ll be your coordinator for today’s event. Please note that this call is being recorded. (Operator Instructions) I will now hand you over to your host, Alex Baldock, CEO, to begin today’s conference. Thank you.

Thanks, Molly. Good morning, everybody. What you’re going to hear from Jonny and I this morning before we take your questions, is a story of a business that was on track pre crisis. On track both with the 5 major legs of the transformation, with which you’re familiar, but also on track to meet financial expectations for performance in the year. Then the crisis … Read More

Edited Transcript of ONE.N earnings conference call or presentation 19-May-20 12:00pm GMT

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Jul 14, 2020 (Thomson StreetEvents) — Edited Transcript of OneSmart International Education Group Ltd earnings conference call or presentation Tuesday, May 19, 2020 at 12:00:00pm GMT

OneSmart International Education Group Limited – Chief Strategic Officer, CFO & Director

Good day, and good evening, and welcome to the OneSmart International Education Group Limited Announces Unaudited Financial Results for the Second Fiscal Quarter Ended February 29, 2020, Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Rebecca Shen, Investor Relations Director. Please go ahead.

Thank you, operator. Good morning, and good evening, everyone, and thank you for joining OneSmart International Education Group Limited Second Fiscal Quarter 2020 Earnings Conference Call. The company’s earnings results as well as supplementary slide presentation were released earlier today and are available on the company’s IR website at www.onesmart.investorroom.com. Joining me today are Mr. Steve … Read More