Facebook Gifts ditches the teddy bear

The social network will no longer sell physical gifts, Gazelle offers new deal for selling used iPhones, and Apple may also start buying back old iPhones.

CNET Update feels bad for the bears:

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In this episode of Update:

- Send flowers and chocolates on Facebook one last time before the site drops physical gifts this week .

- Hunt down a new username on Yahoo, now that old names are getting new owners .

- Watch prices drop for 4K ultra high-def televisions made by Samsung and Sony .

- Get a price quote for your used iPhone on Gazelle and keep it until October 15, which will be after the new iPhone is released. As we get closer to a new iPhone launch, read up on tips for buying and selling used iPhones . And don't be surprised if Apple gets in the game with its own trade-in program .

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