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Inside Facebook (Jun 20th, 2017)

$FB (4 p.m. EST): $152.25 (↓ .62%) // 90-day high: $154.71 // 90-day low: $138.51 // More info

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The Supreme Court struck down the North Carolina law prohibiting sex offenders from accessing Facebook and other social media. The court decided unanimously, 8-0, that the law violated the First Amendment right to free speech. The case centered on Lester Peckingham, a registered sex offender who was charged with a felony in 2010 after posting on Facebook about his luck in avoiding a traffic ticket. The ruling is groundbreaking because, as Justice Kennedy said, it is "one of the first cases the Court has taken to address the relationship between the First Amendment and the modern internet.” — WIRED

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Facebook says it will share users' data from Instagram and WhatsApp in order to keep content related to terrorism off its site. The company outlined its broad counterterrorism plans in a blog post, including the "cross-platform collaboration" that will collect and analyze information about users of all its entities. According to Facebook's director of global policy management Monicka Bickert, the ability to share data across all Facebook's platforms, including Instagram and WhatsApp, is "indispensable to our efforts." Privacy concerns were raised by EU regulators earlier this year when Facebook announced it would share WhatsApp data from consenting users. — INDEPENDENT

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Facebook's AI chatbots can negotiate deals and have developed their own language. Researchers from the Facebook Artificial Intelligence Research (FAIR) lab wrote a report outlining the way they used machine learning strategies to teach the company's chatbots, called "dialog agents," to negotiate. The bots successfully learned to bargain and make deals, but researchers had to change their models when the bots were communicating with each other. Apparently the agents were developing their own language, and the researchers had to resort to a supervised model. This language creation is not considered "singularity," but it does show the potential of AI technology. — THE ATLANTIC

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WhatsApp's new update will add a feature to let users unsend posts, as long as the recipients have not read them yet. This recall feature will be available for apps that are version 2.17.30 and above. The latest version of WhatsApp is 2.17.204.0, and the update has a few other features that won over beta testers, including pinning chats to the top of your chat lists and the ability to share your live location. — NEUROGADGET

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Facebook is still mired in a $500 million lawsuit seeking to ban sales of Oculus Rift headsets. There is a hearing scheduled today in Dallas where Facebook will argue for a retrial. Earlier this year, a jury ordered the company to pay damages to ZeniMax for copyright infringement and violating a non-disclosure agreement signed by Oculus Rift co-founder Palmer Lucky. Facebook argues that a sales ban would be unfair to consumers and that re-engineering the software around the disputed technology would be a long and costly process. In lieu of the sales ban, ZeniMax is asking for a royalty fee of 20% of Oculus sales for the next decade. — BUSINESS INSIDER

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