TechEcho

When is facebook finally going to understand that people are not on facebook to buy shit. They're there to communicate with people.

How come an ad is called 'Suggested Post'?

Talk about closing the attribution gap present in almost all paid advertising.

Next evolution: use their recognition algorithms to identify shirts, jewelry,... in your friends photos and have "buy now" buttons all over the picture.

I like this for microtransactions, but I don't buy it for physical goods.<p>Couple reasons:<p>First, I'm surprised that anyone would purchase with so little information. A photo/price doesn't seem like enough room to make the sale.<p>Second, the merchant loses the chance to upsell and/or retarget the customer.<p>What's the counterargument? That the conversion rate is improved enough to offset these downsides?

Are they taking 30% of the payment?

Wonder if they will allow 3rd party payments through paypal, amazon, or google.

This is great news! Two Tap (YC W14) offers a buy button for any app and we're regularly seeing multipliers on conversion rate on mobile when streamlining the checkout.