Link to the actual video, so you don’t have to go through all of Gizmodo’s contentless clutter.
I’m not a magician, and I can’t come close to figuring out all of it, but I can say a few things:
First, whenever he does “the same trick” repeatedly, don’t assume that it’s always the same method. It’s common for magicians to use multiple techniques to produce the same effect. That way, the audience will say “Well, it can’t have been method A, because the first time, X happened, and it can’t be method B, because the second time, Y happened”, when it was actually method B the first time and method A the second time.
Second, whenever his hands go out of sight, even for a moment (like when he’s lifting up the bottom end of the ribbon), there’s a reason for that. It’s safe to assume that at every one of those times, he’s either palming something, getting rid of something he’d previously palmed, or (more likely) both.
Third, there’s a reason why the tabletop is matte black cloth. There’s an edge there, to slide things underneath one side of the surface.
Fifth, don’t make assumptions about when things happen. If he shows the back of a card, and it’s red, then flips it face-up, then flips it back again and now the back is blue, the swap could have happened at any time in between the two times we saw the back. If it’s even a swap: Maybe, for instance, he has a card with two faces, and another card with two backs, so when he holds them together to look like one card, they can look like different cards.