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Twitter Shuts Down Ribbon's In-Stream Payment Option Hours After Launch | Wednesday, April 10, 2013 5:02 PM | Seth Fiegerman |
| Ribbon, a San Francisco payments company, made headlines early Wednesday with the launch of a new in-stream payment option for Twitter that lets users buy and sell items directly through the news feed on the social network. Now, just a couple hours later, Twitter has killed off the feature. Hany Rashwan, the co-founder and CEO of Ribbon, told Mashable that the feature was pulled without warning in less than two hours.
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Now You Can Buy and Sell Items Directly in Your Twitter Feed With Ribbon | Wednesday, April 10, 2013 1:59 PM | Seth Fiegerman |
| UPDATE: Twitter has shut down Ribbon's new payment processing feature. We've reached out to Twitter for comment and will update when we hear back. Twitter's CEO has expressed an interest in embracing ecommerce in the past, but it looks like one startup may have just beat it to the punch. Ribbon, a San Francisco payments company, announced a new feature Wednesday that lets merchants offer an in-stream payment option on Twitter.
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Tumblr Downsizes Editorial Staff as It Eyes Profitability | Wednesday, April 10, 2013 12:02 PM | Lauren Indvik |
| Fourteen months ago, Tumblr hired an editor-in-chief and executive editor to launch Storyboard, a Tumblr that pledged to chronicle the ideas, themes and people of the blogging network.
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