6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

CNET Update: Facebook, Twitter seek out social shopping

About Video Transcript

CNET Update: Facebook, Twitter seek out social shopping

2:53 /

Social-media commerce ramps up as Facebook tests a Buy button and Twitter acquires CardSpring. Meanwhile, Amazon debuts a Netflix-like service for e-books called Kindle Unlimited.

Get ready to go shopping on social media. I'm Bridget Carey, and this is your CNet update. Facebook is testing out a way for you to go shopping while scrolling through your news feed. Some advertisements will have a buy button and with a click, you can purchase the item in the ad. The whole transaction, your credit card info, shipping address, everything, it's all handled inside Facebook. The network says it won't share your credit card into with other advertisers. You may not see the buy button all the time. It's just a test right now offered to some small and medium sized businesses in the US. This is not the first time Facebook has dabbled in online shopping. Remember when you could by actual physical gifts like Teddy bears and chocolates and mail it to your friends? That wasn't very successful. So Facebook gifts now are just digital gift cards, and there were Facebook credits, a currency just for spending money on Facebook but that has been discontinued. Twitter also is starting to get into the social shopping game. Last year it launched a partnership with American Express so cardholders could get discounts by tweeting special hashtags. Amazon started letting you shop on Twitter. If someone tweets out a link to an Amazon product, you can reply with a #AmazonCart to add that item to your shopping cart. Starbucks even let you tweet a cup of coffee. Well a tweet just actually sends someone a five dollar gift card. And as silly as it may sound, Twitter is just getting warmed up. The network required Card Spring. That's the company that links up credit cards with applications for mobile shopping. So as social media companies try to become Amazon. Amazon is trying to take on Oyster. Amazon has officially the Kindle Unlimited Service, where for $10 a month, you can get unlimited access to 600,000 ebooks. And thousands of Audible audio books and you can get them from any mobile device. It's kind of like a Netflix for books and that's exactly what the company, Oyster, offers. Oyster is also a $10.00 a month for unlimited book service. The company, Scribd, also offers all you can read for $9 a month. But what matters most is quality of content because not every bestseller will be found on these services because not all publishers. To work with them. Just like the early days of Netflix, it takes times to get quality titles. Now I should know that this kindle unlimited service is different from what prime members have. Which is Kindle lending library. That just gives prime members one free book at a time on their Kindle. But you know, there is another service out there that can give you free eBook rentals. It's called the public library. That's your tech news update. You can get more details on these stories on Cnet.com, and you can stay updated by subscribing to the podcast or following me on twitter. From our studios in New York, I'm Bridget Carey.

New releases

Tomorrow Daily 140: Google's Atari AI, a futuristic doghousedoghouse for £20,000 and more
26:40 March 5, 2015
On today's show, we check out an impressive robot that could be a precursor to dinosaur robots, an AI build from Google that learns...
Play video
The push to make VR headsets mainstream
1:42 March 5, 2015
Video games are literally going to people's heads. At the Game Developers Conference, virtual reality headsets were all the rage as...
Play video
Inside Scoop: Watches and what else to expect from Apple on March 9
2:49 March 5, 2015
CNET's Kara Tsuboi and Shara Tibken talk about what news might emerge from Apple's upcoming media event in San Francisco. Price and...
Play video
Hackaball brings the iPad to the playground, Ep. 194
4:37 March 5, 2015
This week on Crave we get to play with the Hackaball at the playround, find out what it would be like if Wes Anderson directed an X-Men...
Play video
Meerkat mania: Live-streaming app is new Twitter trend
2:50 March 5, 2015
Learn how to broadcast video on Twitter with Meerkat, get the band back together for Rock Band 4, and let Google be your bartending...
Play video
Netpicks: Free TV episodes and new movies on iTunes for March 2015
1:51 March 5, 2015
It can be hard to catch all the new shows on TV, so Apple's made some premieres free for a limited time. Plus, iTunes gets some movies...
Play video
Kyocera heads for Europe with the rugged Torque
1:07 March 5, 2015
The durable and waterproof Kyocera Torque (s701) sports a 4.5-inch display and sets sail for Europe in the spring.
Play video
Gionee Elife S7 is a super-thin smartphone
1:01 March 5, 2015
This smartphone is a mere 5.5mm thick, and has a 'chameleon' app that themes your mobile around colours picked out by the camera.
Play video