FBI: North Korea's Sony Hack Not Acceptable

The transcript covers various topics, starting with the cyber attack on Sony Pictures, which revealed links to North Korea and led to mixed reactions in Hollywood. George Clooney's call for support was largely ignored. The discussion shifts to Meredith Whitney's hedge fund challenges, including investor redemption requests. Janus Capital's reliance on Bill Gross for a turnaround is explored, highlighting his past successes and recent struggles. Instagram's valuation and user engagement are discussed, noting the removal of spam accounts. Finally, the success of Minecraft's creator, Marcus Persson, is highlighted by his purchase of a mansion in Beverly Hills.

What was the primary reason George Clooney's petition failed to gain support?

• The petition was not widely circulated.

• Clooney did not have enough influence.

• The petition was poorly written.

• People were afraid of attracting attention.

What was a significant concern following the Sony hack?

• The financial loss to Sony.

• The potential for other companies to be targeted.

• The impact on Sony's stock price.

• The loss of movie scripts.

What was Meredith Whitney known for predicting?

• The success of hedge funds.

• The rise of tech stocks.

• The bubble in municipal bonds.

• The fall of the housing market.

What challenge did Janus Capital face before hiring Bill Gross?

• High employee turnover.

• A lack of experienced managers.

• A decline in assets.

• Regulatory issues.

Why did Instagram's valuation increase significantly?

• A partnership with a major tech company.

• Increased user growth and advertising revenue.

• A celebrity endorsement.

• A new feature was launched.

What was the impact of Instagram removing spam accounts?

• It caused a backlash from users.

• It decreased user engagement.

• It led to a drop in stock price.

• It increased advertising credibility.

What notable purchase did the creator of Minecraft make?

• A private island.

• A luxury yacht.

• A tech startup.

• A mansion in Beverly Hills.