NQ Mobile Co-CEO Steps Down

The video discusses several business-related topics. NQ Mobile's CEO resigns following accusations of revenue overstatement by Carson Block, leading to a significant drop in the company's shares. The Sony hack reveals internal disputes over a Steve Jobs movie, highlighting tensions in Hollywood. The airline industry is set to achieve record profits due to economic growth and lower fuel prices, with North American airlines performing the best. Meanwhile, Uber faces legal challenges and bans in various cities, despite a recent valuation of $40 billion.

What was the main reason for the decline in NQ Mobile's share value?

• A new competitor entered the market.

• The company was accused of overstating its revenue.

• There was a change in government regulations.

• The company faced a major data breach.

What led to the heated emails between Sony executives and the movie producer?

• A delay in the movie's release date.

• Budget cuts for the movie project.

• Sony's decision to back out of a Steve Jobs movie.

• A disagreement over casting choices.

What is one of the reasons for the expected increase in airline profits?

• A decrease in global travel demand.

• Higher ticket prices.

• Increased government subsidies.

• Lower fuel prices.

Which cities are involved in legal actions against Uber?

• Miami and Houston

• New York and Chicago

• Boston and Seattle

• Los Angeles and San Francisco

What was Uber's valuation after the new round of funding?

• $50 billion

• $40 billion

• $30 billion

• $20 billion