Oil Prices Continue to Fall

The video covers several major news stories: West Texas Intermediate crude oil prices have fallen to a 6-year low, with Saudi Arabia showing no signs of cutting production. Verizon is exploring partnerships and potential acquisitions, particularly with AOL, to enhance its advertising technology. Coach is acquiring luxury shoe company Stuart Weitzman to combat declining sales. Sony CEO Kazuo Hirai addresses the recent cyberattack on Sony Pictures and unveils new products at CES. Lastly, SpaceX postpones a rocket launch due to motor issues, with plans to attempt again soon.

What was the response of Saudi Arabia to the decline in oil prices?

• They decided to cut production.

• They announced a new pricing strategy.

• They planned to increase production.

• They chose to deal with it with a solid will.

What is Verizon's interest in AOL primarily focused on?

• AOL's social media platform

• AOL's search engine

• AOL's programmatic advertising technology

• AOL's email services

Which company did Coach acquire to enhance its product offerings?

• Verizon

• Stuart Weitzman

• Sony

• Michael Kors

What was Sony's response to the cyberattack on its Pictures division?

• They halted all movie releases permanently.

• They decided to sue the attackers.

• They ignored the attack.

• They expressed pride in their employees' resilience.

Why was SpaceX's rocket launch postponed?

• Weather conditions

• Motor issues

• Technical staff strike

• Fuel shortage