Get Your 'Friends' Gifts They 'Like' On Facebook - New York News

Get Your 'Friends' Gifts They 'Like' On Facebook

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(AP Photo) (AP Photo)

Facebook is getting into the business of gift giving.

The social networking site has unveiled a new tool that lets users buy gifts for one another, ranging from cupcakes to sunglasses.

The company will earn a percent of the proceeds from each transaction.

But a company spokesperson says that amount varies with each partner company.

The move marks the latest by Facebook to see if users are willing to spend money on the site.

Commercial transactions represent a small portion of revenue for Facebook. Most of Facebook's money comes from selling advertisements.

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