News in Short: Facebook closes its virtual gift shop, Gmail adds rich text and improved signatures

by Knowlton Thomas

Facebook closes its virtual gift shop

Beginning August 1st, you will no longer be able to waste your real money on a shaped mass of meaningless pixels. The social networking site will be shutting the doors on its gift shop, with speculation being that it was unsuccessful—and really, how could it not be? At least at a casino you have a shot at some sort of ROI. Hell, posting a video on YouTube of you flushing money down a toilet will at least get you attention. Buying virtual gifts for real money... well, that's many people's definition of "stupid."

Facebook credits will now be used primarily for apps and things within apps, such as purchasing items in a game. (Yes, this means people will still be buying non-existing items for real money.)

Gmail gets two signature enhancements

Google's email service now supports rich text in your signature, meaning you can format the text, and include links, images, etc. It's also added per-address signatures, meaning you can now have different signatures for each of your "from" email addresses even if you direct them into one central hub.

Waterloo, Ontario, Canada

Google's mission is to organize the world's information and make it universally accessible and useful. As a first step to fulfilling that mission, Google's founders Larry Page and Sergey Brin developed a new approach to online search that took root in a Stanford University dorm room and quickly spread to information seekers around the globe. Google is now widely recognized as the world's... more

Toronto, Ontario, Canada

Facebook's mission is to give people the power to share and make the world more open and connected. Millions of people use Facebook everyday to keep up with friends, upload an unlimited number of photos, share links and videos, and learn more about the people they meet. more

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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes and author of Tempest Bound. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys hiking, tennis, and martial arts. more

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