Test your knowledge of current industry events with the following quiz
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A federal judge approved WorldCom/MCI's settlement with the SEC, which calls for the carrier to pay a record $750 million to settle fraud charges. The terms of the punishment stipulate that:
a. MCI must pay $500 million in cash
b. MCI must pay $250 million in stock
c. Former WorldCom CEO Bernie Ebbers must wear a hairshirt made from the fibers of his ridiculous beard
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Network solutions provider Redback Networks announced a financial restructuring plan that sent its stock price tumbling 45%, prompting the company to:
a. Warn it could file for Chapter 11
b. Plead with shareholders to approve the restructuring deal
c. Change its name to "Redfaced"
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Mobile promotions company HIP nTASTY announced it would provide wireless entertainment at this year's edition of the Lollapalooza alternative rock festival. The company will offer concertgoers applications including:
a. Wireless games
b. Ringtones
c. Special "I can't talk because I just got my tongue pierced" text messages mailed to friends and family
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A new Korea University College of Medicine survey reveals that 40% of Korean students are addicted to online pornography, gambling and gaming. The other 60% are:
a. Using the Web for academic purposes
b. More preoccupied with sports
c. Just not getting into the spirit of this whole Internet thing
The above quiz offers a combination of news and entertainment, and should not be mistaken for either.
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