Facebook Is Shutting Down Gifts To Focus On Its Buy Button And Commerce Platform

By Josh Constine

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Facebook wants to help other businesses sell things, so it’s done selling its own. Facebook Gifts will shut down on August 12th and stop selling gift cards for businesses like Starbucks and iTunes. Facebook tells me no layoffs will occur, and most of the team has already been reassigned to other commerce initiatives. Those include the Buy button for making ecommerce purchases within… Read More

Source: Technology