Facebook, Inc. (NASDAQ:FB) roll-out earlier in the month of in-game subscriptions may give the company a much needed boost to its game developing partners, mainly Zynga (NASDAQ:ZNGA), reports Business Insider. Shares of Facebook, Inc. are trading 0.33% higher today.
AT&T, Inc. (NYSE:T) hits back at critics regarding its decision to limit the use of FaceTime over its cellular network to users signing up for its shared data plans. In a post on the company’s official public policy blog, AT&T chief privacy officer Bob Quinn states, “The FCC’s net neutrality rules do not regulate the availability to customers of applications that are preloaded on phones. Indeed, the rules do not require that providers make available any preloaded apps. Rather, they address whether customers are able to download apps that compete with our voice or video telephony services. AT&T does not restrict customers from downloading any such lawful applications, and there are several video chat apps available in the various app stores serving particular operating systems.” Shares of AT&T, Inc. are trading 0.27% lower today.
Nokia Corporation (NYSE:NOK): Verizon Wireless (NYSE:VZ) intends to sell a new Nokia phone using Microsoft’s (NASDAQ:MSFT) Windows 8 software this year. This will be the first time it has released a Windows device since May 2011, sources claim and Bloomberg reports. Shares of Nokia Corporation are trading 4.17% higher today.
eBay’s (NASDAQ:EBAY) PayPal unit, which is an online payments service with over 50 million U.S. users, is to expand the acceptance of its brand to “brick-and-mortar” stores across the nation in an agreement with Discover Financial Services. PayPal customers will be allowed to use their accounts at over 7 million merchant locations already accepting Discover beginning in 2013, the companies claimed in a statement made today. Eventually, the arrangement could expand to include international markets, they stated.
Cemex (NYSE:CX) shares increased to an 18-month high on Wednesday due to the news that the Mexican cement maker nears the end of a long-awaited refinancing deal and hopes to sell a minority stake in a Latin American unit.
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