WHAT THE OTHER PAPERS SAY THIS MORNING

FINANCIAL TIMES

Facebook gambles on real cash with bingo app
Facebook is venturing into the world of online gambling with the launch of its first application where punters can take a stake on real money. Starting today, Facebook will offer users in the UK aged 18 and over the opportunity to play online bingo for cash prizes.

Nissan hails its rival to black cab
Nissan has unveiled what it says will be a cleaner, more efficient version of London’s iconic black taxicab, due to go on sale from next year. The Japanese carmaker yesterday showed a modified version of the NV200, its boxy van which was chosen last year as New York’s next yellow taxi.

Virtual Tesco in two-week UK trial
Tesci yesterday launched a two-week virtual trial of the UK’s first interactive virtual grocery store at London’s Gatwick airport which the supermarket group believes could become “the future of shopping”. Holidaymakers in the north terminal departure lounge will be able to browse 80 core products.

THE TIMES

Pipeline in spotlight as Syria’s civil war intensifies
The boss of Genel Energy Tony Hayward has stepped up security of a key pipeline that runs north of the Syrian border after admitting that he was “very concerned and worried” about the escalating crisis. More protection had been placed around the Kirkuk-Ceyhan oil pipeline.

Compass will not duck this issue
Britain’s biggest catering company Compass has added its name to the list of food suppliers refusing to serve foie gras.

The Daily Telegraph

Spyker sues GM for $3bn over Saab collapse
Dutch company Spyker alleges that General Motors thwarted its efforts to rescue Swedish carmaker Saab and is seeking $3bn (£1.9bn) in compensation.

Wall Street bankers face severe pay cuts
Wall Street bankers look set to be hit by severe pay cuts this year as the industry’s heavyweights come under pressure to axe costs, recruiters have warned.

THE WALL STREET JOURNAL

Apple to pull YouTube app
Apple plans to remove its YouTube app from the iPhone and iPad, the latest sign of a growing gulf between Apple and Google. The firm said yesterday its licence for YouTube has expired, meaning the app will no longer be included.

Kodak patent opening bids low
Opening bids for Eastman Kodak’s digital patents were below the $2.6bn the company said they could be worth, an early sign the bankruptcy-court auction may not leave much cash for the company.