Hot Friday Stocks: Google, Netflix, Research in Motion, Nokia, AOL

Google (NASDAQ:GOOG): Google has requested permission from the FCC to test a new entertainment device in employees’ homes in four U.S. cities, according to Gigaom, which cited Google’s application to the agency. The device connects to home WiFi networks and use Bluetooth to connect to other home electronics equipment, the application states.

Netflix (NASDAQ:NFLX): Netflix CEO Reed Hastings said the company’s focus will be exclusively movies and television shows. He also said the U.K. and Ireland release was “going great.” He spoke in Toronto earlier today, according to Bloomberg.

Research in Motion (NASDAQ:RIMM): Research in Motion (NASDAQ:RIMM) has announced it plans to give away PlayBook tablets to Android developers who quickly port their apps to run on the device, according to All Things Digital.

Nokia (NYSE:NOK): Nokia sold 417.1M feature phones and smartphones in 2011 to maintain the largest global market share at 27%, according to the International Data Corporation and reported in Digitimes.

AOL (NYSE:AOL): Yahoo!’s Right Media Exchange (NASDAQ:YHOO) and AOL announced that AOL has selected Right Media Exchange as the platform to provide real time access to AOL inventory as part of the display advertising agreements announced in Q4. The inventory AOL makes available under the display advertising agreement will be surfaced through the Right Media Exchange across the US and Canada. The overall agreement aims to improve the process of buying and selling premium online display inventory in the non-reserved space.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com