Posted: 09/28/2012
NEW YORK - Facebook is launching a new service called Gifts which, as its name suggests, lets users send chocolate, coffee, socks and other real-life presents to one another.
Facebook Gifts will be available Thursday to a subset of users in the U.S. Users will be able to click on a "gifts" link on their Facebook friends' pages. This will display presents they can purchase, such as a Starbucks gift card, cupcakes or a teddy bear.
The recipient will be notified through Facebook to enter a shipping address for the presents. Facebook Inc. will take a cut from each item sold.
Facebook Gifts is the result of Facebook's May acquisition of Karma, a startup based in San Francisco. Karma's mobile app let people send gifts to their friends on the go.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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