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Inside business I'm Jeff golden for CBS news let's say you just bought a house <Speech_Male>

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Why Facebook recently announced a major new push into shopping I'm Jeff Cole the new fortune magazine with inside business Facebook has unveiled a new E. commerce platform and several new shopping features in an effort to make its social network more relevant for business the platform is called Facebook shops and it will allow any business to set up a virtual storefront on Facebook and on Instagram which Facebook owns the business can put its catalog online and take orders through a link to its own website or for companies in the US directly on Facebook's platform customers will be able to communicate with the retailer through whatsapp Instagram direct or messenger all of which are owned by Facebook and will eventually be able to make purchases directly through those messaging services to the shops are free for businesses to set up so how will Facebook make any money from this initiative CEO mark Zuckerberg says he thinks

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Inside business I'm Jeff golden for CBS news let's say you just bought a house <Speech_Male>

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