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What's Up Facebook's Sleeve?

Wednesday - 6/19/2013, 2:30pm  ET

Facebook has a new toy to show off this week.

"A small team is working on a big idea," reads the social networking website operator's invitation for an unveiling on Thursday, and TechCrunch is hearing that it may be the addition of video to Instagram. It's a move that makes sense given the market positioning of Facebook foes Twitter and Google when it comes to video these days. 

In this video, longtime Fool contributor Rick Munarriz explores why the push for Instagram video -- even with Facebook already offering clips on its namesake site -- is a smart move.

After the world's most hyped IPO turned out to be a dud, many investors don't even want to think about shares of Facebook. But there are things every investor needs to know about this revolutionary company. The Motley Fool's newest premium research report shows that there's a lot more to Facebook than meets the eye. Read up on whether there is anything to "like" about it today to determine if Facebook deserves a place in your portfolio. Access your report by clicking here.