What Defines Facebook's New GPS App From Others?
Feb. 4 (Bloomberg) -- Facebook is developing a smartphone application that will track the location of users, two people with knowledge of the matter said, bolstering efforts to benefit from growing use of social media on mobile computers. Doug MacMillan reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
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Could the Euro Benefit from Pressurized Banks?
46:32 - Pressure on Deutsche Bank AG has increased since the lender revealed two weeks ago the U.S. Justice Department is asking for $14 billion to settle a probe tied to residential mortgage-backed securities the bank traded before the 2008 financial crisis. Amid concerns about the bank’s finances, about 10 hedge funds that use its prime brokerage service moved part of their listed derivatives holdings to other firms this week, according to an internal bank document Bloomberg News has seen. Bank of America Merrill Lynch Head FX Strategy Athanasios Vamvakidis discusses the risks facing the banking sector with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."