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Inside Facebook

Inside Facebook (Mar 10th, 2017)

$FB (4 pm EST): $138.78 (↑ 0.39%) // 90-day high: $138.78 // 90-day low: $114.77 // More info

Facebook will broadcast 22 Major League Soccer games during the 2017 season. The deal is part of a collaboration between MLS and Univision Deportes. Facebook will show the matches in English, and the Spanish version of the broadcast will air on Univision. The streams will include Facebook-specific commentators, interactive graphics, as well as fan Q&A and polling features, which let Facebook viewers engage with the commentators as the matches take place. Facebook recently launched a set-top app and struck a deal to show Thursday Night Football NFL games on the site. – TECH CRUNCH

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 A Syrian refugee who sued Facebook, demanding that fake news posts of him be stripped from the social networking site, saw his lawsuit thrown out of court. Anas Modamani, 19, wanted Facebook to delete the posts falsely linking him to "terrorism." Modamani snapped a photo of himself and German Chancellor Angela Merkel and posted it on Facebook. In the days following, however, the photo began appearing on Facebook, linking him to terrorist attacks in Brussels and Berlin, and wrongfully claiming that he tried to set a homeless man on fire. The judge said it is not Facebook's responsibility to remove the photos and that "Facebook is neither perpetrator nor participant in the indisputable slander." Modamani was "saddened" by the decision. "I want these posts to stop," he said. "I fled the war in Syria to live in peace, but then people started calling me a terrorist. It is hurtful and it makes me angry that people are telling lies about me." – AL JAZEERA

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Facebook stock hit an all-time high on Friday. Facebook soared to 139.49 in Friday morning trading. The social networking company has hit record highs in six of the last eight trading sessions. Facebook stock has been on a roll in recent weeks after intense efforts to expand into video and challenge one of its rivals Snapchat in the area of instant photo messaging. Facebook's stock may also have been fueled on Friday by the announcement that the company plans to broadcast 22 Major League Soccer games during the 2017 season. – INVESTORS 

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Facebook unveiled a new feature Thursday called “Messenger Day,” which allows users of the Messenger app to take photos of themselves or their surroundings, draw on it, add a filter, and post it for 24 hours. Users of the app can see who has watched their "Day." "It’s the ability to fill up your inbox with friends’ updates and catch up on them on your own time,” said Josh Elman, a venture capitalist at Greylock Partners. With the launch of "Messenger Day," Facebook has four platforms, the main Facebook app, Messenger, WhatsApp and Instagram, all of which rival Snapchat's core offerings. – BARRON'S

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Facebook is testing a feature that encourages users to finish watching the videos they have started. Users of the web version of Facebook will see a choice to "continue watching" videos that they never finished. Facebook has expanded its video efforts in 2017 in hopes of increasing monetization. The company recently launched a set-top app for Facebook and launched mid-roll adds into videos people watch on Facebook. The company is also looking for scripted and non-scripted shows to launch as original content on the social networking site. – RECODE

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Facebook CEO Mark Zuckerberg and his wife Priscilla Chan, are expecting their second daughter. Zuckerberg made the announcement on Facebook. "I cannot think of a greater gift than having a sister and I'm so happy Max and our new child will have each other," Zuckerberg, who has three sisters, wrote. Zuckerberg is worth a reported  $57.8 billion. Their first daughter, Max, was conceived after several miscarriages. “When Priscilla and I first found out she was pregnant again, our first hope was that the child would be healthy," Zuckerberg said. "My next hope was that it would be a girl." – INDEPENDENT

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Let's take a look at how Facebook played a role in some recent crime events:

A Wisconsin teen arrested for allegedly setting up an armed robbery asked her father to take some photos of her arrest and post them on Facebook. Josephine Garczynski, 18, and her boyfriend, Curtis Britton, 27, were charged Wednesday with armed robbery as a party to a crime, Garczynski chatted with the victim online before arranging the robbery, authorities said. Police believe that the woman intended to steal the victim's marijuana. When the victim got into Britton's car, he allegedly held a gun to his head and stole his wallet and cell phone. Authorities later tracked the duo down and made the arrest. “While officers were in the process of handcuffing Josephine, Josephine began asking her father to take pictures of her being handcuffed,” the criminal complaint reads. “She said she wanted to put the photos on Facebook.” – NY POST

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A Dallas couple was arrested after they allegedly shot and killed a man and then boasted about it on Facebook. Hakeem Leprince Griffin-White, 17, and Ashley Ann Coleman, 27, were charged with murder in the March 5 fatal shooting of 19-year-old Drekeiston Alex. Police said a Facebook Live video showed the duo “talking about shooting someone and … handling a firearm and ammunition." Authorities also said Coleman posted a photo on social media last week of her and Griffin-White holding an assault rifle and. “I’m his Bonnie he my Clyde,” she wrote. According to the Dallas Morning News, Coleman is an aspiring rap artist. – PEOPLE

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