Facebook LAUNCHES UK Bingo App and 2 Morning Hot Stocks Trading Now
NYSE Euronext (NYSE:NYX) is under investigation by the SEC for favoring private feeds by disseminating data faster to them compared to public feeds, which is prohibited by the rules. Though the NYSE does not expect to incur any material charges to settle the issue, the probe highlights regulators’ concerns regarding high speed trading, which relies heavily on these information speeds.
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According to WSJ, Eastman Kodak’s patent portfolio has attracted opening bids of only $150 million to $250 million, a far cry from the value of $2.6 billion anticipated by the bankrupt company. The bids were apparently from two consortia comprising of Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) on the one hand and Google (NASDAQ:GOOG) and Samsung on the other.
Facebook (NASDAQ:FB), in its first foray into the world of online gambling, launches the Bingo Friendzy app in the U.K. in conjunction with Gamesys. Punters would be allowed to play for cash prizes. This, and the anticipated introduction of slot-machine games over the coming weeks, mark the social network’s efforts to garner new sources of monetization of its user base.