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)
Australia’s Economy Expands at Slower Pace Than Forecast
27:36 - Australia’s economy expanded at a slower pace than economists forecast in the three months through June -- only propped up by government and household spending -- as a slowdown in key trading partner China weighed on growth. The currency slumped. Bloomberg's Paul Allen reports on "Trending Business." (Source: Bloomberg)
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