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Sony 'Made A Mistake' By Canceling The Release Of 'The Interview'

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Updated 1 hour ago from 201 tweets

During a year-end press conference, Obama said Sony made a mistake by canceling the premiere of the film "The Interview," a comedy about an assassination attempt on North Korean leader Kim Jong Un, starring Seth Rogen and James Franco.

  • "I wish they'd spoken to me first [before canceling the release of the film]," Obama said later.
  • On Dec. 17, Sony canceled plans to release the film -- originally slated to be released Dec. 25 -- after the hackers issued threats to anyone who saw "The Interview."
  • Obama said there was "no indication" North Korea worked with another country to implement the cyberattack.
  • Lynton said Sony was "surprised" by theaters' reluctance to show "The Interview," and said the company only decided to cancel the release after the "majority of our exhibitors" said they would not show the film.
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What is FBI evidence for North Korea hack attack?

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Updated 15 hours ago from 189 tweets

The FBI's analysis has concluded North Korea is to blame for the attack on Sony Pictures - but how can it be sure?

  • First, the FBI says its analysis spotted distinct similarities between the type of malware used in the Sony Pictures hack and code used in an attack on South Korea last year.
  • But what the FBI is very careful not to say is whether it thinks the attack was controlled from within North Korea itself - although in a press conference President Barack Obama did say there was no indication of another nation state being part of the hacking.
  • As well as the evidence cited here, the FBI said "undisclosed intelligence" was the clincher in pinning it to North Korea.
  • Respected technology magazine Wired went as far drawing a comparison between North Korea's cyber "capability", and Saddam Hussein's "weapons of mass destruction".
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Obama's News Conference: What to Expect

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Updated 15 hours ago from 5 tweets

President Obama will be giving his final news conference of the year momentarily, before he heads off on his Hawaiian holiday.

  • The Timess Michael Shear previewed some of the topics that will be on the minds of White House correspondents for First Draft earlier this week: Reporters will no doubt want to ask about the recent torture report, the presidents disagreement with Representative Nancy Pelosi of California over the spending bill, the continuing clash over immigration and the still-tense issue of race relations.
  • Its always a tradition for reporters to question the presidents ability to get anything done in the last two years of an administration, especially with Congress controlled by the other party.
  • Well be providing live updates of Mr. Obamas remarks, and they will also be streamed online:
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The 2014 Sony hacks, explained

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Updated 18 hours ago from 146 tweets

What are the 2014 Sony hacks?

  • And even if those threats were overblown, as the Department of Homeland Security suggested, a number of theater chains announced they would not show the film, and Sony ultimately cancelled the release.
  • The attackers had taken terabytes of private data, deleted the original copies from Sony computers, and left messages threatening to release the information if Sony didn't comply with the attackers' demands.
  • Before the Sony hack became primarily a story about North Korea launching a cyber-attack against a foreign company, it was mostly a story about what had been found amid the reams of hacked data that the Guardians of Peace had released to reporters.
  • Screenwriter Aaron Sorkin (who later attempted to argue that the Sony hack was worse than the photo hack) also made this argument in the New York Times, writing: I understand that news outlets routinely use stolen information.
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Instagram Now Worth $35 Billion According To Citi

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Updated 19 hours ago from 3 tweets

Mark Zuckerberg famously paid a now seemingly paltry sum of $1 billion for the service back in April 2012.

  • The $35 billion valuation is significantly higher than the $19 billion Citi had previously estimated.
  • Citi got its $35 billion valuation based on its estimates of future earnings for Instagram.
  • While Instagram's current financial contribution to Facebook is small, Citi believes it has the potential to eventually rake in tons of money by monetizing its audience and data assets.
  • The service is quickly gaining steam with advertisers and will eventually contribute more than "$2 billion in high- margin revenue at current user and engagement levels if fully monetized," says May in a note to clients.
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Putin on the ruble collapse, Ukraine

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Updated 22 hours ago from 61 tweets

MOSCOW (AP) - A fact-checking look at some of Russian President Vladimir Putin's statements on the ruble collapse and the Ukrainian crisis from his annual news conference Thursday: PUTIN: "We will rely on these reserves.

  • Despite Putin's repeated pledges to steer Russia's economy away from oil and gas, those two industries still account for more than half of government revenues.
  • PUTIN: "I don't know how long it will take for us to adapt to that, if the (oil) prices remain where they are or even fall below $60 or $40 (per barrel)."
  • THE FACTS: Days after February's fall of a Kremlin-friendly president in Ukraine, thousands of well-armed masked men seized key facilities in Ukraine's Crimean Peninsula and laid siege to Ukrainian military bases there.
  • ON THE FIGHTING IN EASTERN UKRAINE: PUTIN: "It wasn't the insurgents in southeastern Ukraine who sent their troops to Kiev.

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