InfoAnda - Real gifts sold on Facebook as site taps commerce potential |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Spanish police believe ETA decimated by arrests: report | 9 March 2010
S.Korean T-bond futures fall early, auction eyed | 5 August 2009
1,000 computer hackers meet in Budapest | 18 September 2010

UN backs Afghan August elections | 3 March 2009

Forum Views () Forum Replies ()

Read more with google mobile : Real gifts sold on Facebook as site taps commerce potential |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Reihan Salam Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Netanyahu draws "red line" on Iranian nuclear program 5:43pm EDT Assange mocks Obama via video at U.N. event 12:17am EDT Google says Maps not waiting in wings for iPhone 5 25 Sep 2012 Somali sea gangs lure investors at pirate lair 01 Dec 2009 Durable goods drop worst since recession 8:37am EDT Discussed 127 Iran ready to defend against Israeli attack: Ahmadinejad 123 Egypt Salafi urges U.N. to criminalize contempt of Islam 111 In Ohio, Romney tries new approach: empathy for the jobless Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption A new Mona Lisa smile A younger vision of Mona Lisa is to be unveiled in Geneva. Slideshow The war on polio Worldwide cases of polio have fallen 99 percent since 1988. Slideshow Real gifts sold on Facebook as site taps commerce potential Tweet Share this Email Print Related News RIM spurs rare optimism with surprising growth, new phone Wed, Sep 26 2012 Google shares hit record high, find favor on Street Mon, Sep 24 2012 Facebook shares drop after Barron's snub Mon, Sep 24 2012 Exclusive: Facebook to charge merchants to run offers Thu, Sep 20 2012 Facebook CEO's 'search' comments raise hopes, questions Wed, Sep 12 2012 Analysis & Opinion Obama may find an exceptional friend in Facebook The Facebook investors’ lament Related Topics Tech » Media » Facebook » The Facebook logo is shown at Facebook headquarters in Palo Alto, California May 26, 2010. Credit: Reuters/Robert Galbraith By Gerry Shih MENLO PARK, California | Thu Sep 27, 2012 5:25pm EDT MENLO PARK, California (Reuters) - Facebook Inc is taking a small step toward becoming an e-commerce platform by launching a feature for users to buy and send real gifts worth as much as hundreds of dollars. As of Thursday, users can purchase and ship products from more than a hundred "Facebook Gifts" vendors with a few clicks on the company's website. The products include eyeglasses by Warby Parker, Starbucks coffee, and pastries from New York-based Magnolia Bakery. Coming four months after Facebook's troubled initial public offering, the feature marks the company's attempt to unlock a potentially significant new revenue stream. Although it has sought to diversify its income sources, Facebook still relies heavily on display advertising. During the second quarter, more than 80 percent of its revenue of $1.18 billion came from ads while roughly 15 percent came from game-maker Zynga Inc. Facebook, which can store credit card data for users, will make money by taking a cut of each gift transaction. The amount varies based on the individual deals it has struck with vendor partners, the company said without disclosing specifics. The world's No. 1 social network, boasting nearly 1 billion user accounts, has long viewed commercial transactions as a massive opportunity for the platform. But marketing researchers have found that consumers have been slow to make purchases on the website because many treat it as a place to chat and post messages rather than go shopping. Facebook hopes to change that by getting users used to the idea of giving small gifts as part of their social routine. "People already use Facebook to communicate with their friends and share all of their life moments," said Lee Linden, a Facebook product manager heading the Gifts feature. "Gifting is just a natural extension of that behavior. It makes a lot of sense for us not to just say 'Happy Birthday' but to send a gift, not just say 'I love you' but send some flowers." Current gifts cost $5 up to several hundred dollars for a Jambox stereo by Aliph Inc, said Linden, who joined the company in May. His previous start-up, Karma, was acquired by Facebook in a deal announced on the day of Facebook's high-profile IPO. Facebook had experimented with a "virtual" gift-exchange feature years ago, but shut it down in 2010. The original gifts were no more than digital trinkets, cartoon images of flower bouquets, teddy bears and even women's underwear. Linden said Facebook now aims to provide effortless shopping and shipping of real goods. Users are alerted when their packages are shipped and received, and every package comes with a customizable card stamped with a Facebook logo. Recipients who do not like their gifts can discreetly swap colors or sizes for no charge. "We think we can make an end-to-end way to buy a product that is very seamless," Linden said. "We take care in the photos, in the packaging, in everything." The service will be initially available to a random group of U.S. users logging into Facebook through its website and an Android app. An iPhone app is still in development, Linden said. (Reporting by Gerry Shih; Editing by Richard Chang) Tech Media Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 28 September 2012
U.S. temporarily reduces more staff from Libya embassy |
Militants attack Iraq jail, free prisoners |
Clinton urges cool heads in China-Japan island dispute |
Sudan, South Sudan sign deals to restart oil, secure border |
Yemen should repeal Saleh immunity, open inquiry: HRW |
French minister pledges zero tolerance for Islamists |
China's dorm room discontent emerges as new labor flashpoint |
RIM reports quarterly loss but cash pile grows |
Real gifts sold on Facebook as site taps commerce potential |
Demand for Apple's iPhone 5 lights up China's online market |
Accenture forecasts full-year earnings above estimates |
Amazon offers loans to its online sellers |
U.S. and Russian experts turn up volume on cybersecurity alarms |
Micron fourth quarter misses estimates as sales fall |
Whitney Houston's legacy to be celebrated in Grammy salute |
Reese Witherspoon delivers third child, a boy named Tennessee |
Amanda Bynes pleads not guilty in two hit-and-run cases |
Original Mona Lisa given Geneva launch |
Hollande stakes credibility on 2013 French budget |
Netanyahu draws red line on Iran's nuclear program |
British, Chinese among 19 dead in Nepal plane crash |
Kenya troops fight on beaches in assault on Somali rebel city |
Former finance minister Steinbrueck to challenge Merkel: paper |
U.S. call for cool heads in China-Japan island dispute goes unheeded |
Indonesia's Aceh revokes palm permit after legal challenge |
Two-hour power blackout halts Azeri capital |
RIM surprises with cash boost and resilient sales; shares surge |
Google obeys Brazilian court order, blocks YouTube political video |
Exclusive: Groupon reshuffles execs, seeks to fix Europe business |
U.S. cyber warrior accuses China of targeting Pentagon |
U.S. group studying breach at Schneider unit |
Banks stake $4.6 billion on Sharp bailout to recoup money |
Intel zeroes in on enterprise customers with first tablet wave |
Rowling obsessed with death, reads reviews later |
Rapper Lil Wayne breaks Elvis Presley's Billboard record |
Fifty Shades of Grey sparks marketing mania |
China seals Bo's fate ahead of November 8 leadership congress |
Netanyahu's Iran cartoon bomb timed to make big impact |
Steinbrueck surprise shakes up German election race |
Syrians moved some chemical weapons to boost security: U.S. |
Tropical storm Norman forms off Mexico's Pacific coast |
Norwegian mass killer's speech to hit German theatre |
Sudan, South Sudan agree on metering to avoid disputes |
Somalia, allies batter al Shabaab, but gains may be fragile |
Greece's 2013 budget to deepens cuts, sustain recession |
Appeals court sends Galaxy Tab injunction back to trial judge |
Nokia cuts smartphone prices before new models arrive |
Apple's Cook apologizes for Maps flaws, recommends rivals |
RIM buys itself breathing room for BB10 launch |
T-Mobile USA in $2.4 billion tower deal with Crown Castle |
Tablets, Turtles make most wanted holiday toy list |
Sharp says making adequate volumes of display used in iPhone5 |
Kodak to stop selling inkjet printers from 2013 |
Judge dismisses defamation lawsuit against actor John Travolta |
No press complaint over UK Prince Harry's naked pictures |
Christie's offers Bond items on 50th anniversary |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01