Facebook Needs Phone to Expand Business: Windsor

April 4 (Bloomberg) -- Richard Windsor, founder at Radiofreemobile.com, discusses a possible "Facebook phone" as the company looks to make a deeper push into smartphone software to boost mobile ad sales and what it can mean for the mobile industry. He speaks on Bloomberg Television's "Countdown."

Why Are Saudi Banks Being Probed About FX Forwards?
26:00 - Banks in Saudi Arabia are coming under fresh pressure over products that allow speculators to bet against the kingdom’s currency peg, according to people with knowledge of the matter. The Saudi Arabia Monetary Agency has asked lenders to explain why they are offering dollar-riyal forward structured products to customers less than four months after the regulator banned options contracts that let speculators place wagers on a currency devaluation, the people said. Bloomberg's Lyubov Pronina reports on "Countdown."
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