Facebook Inc's $600 million losing bid to buy the streaming rights to a hugely popular cricket tournament in India shows the social network is willing to spend big bucks for high-profile sporting events to keep users engaged on its platform.
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By REUTERS from NYT Cricket http://ift.tt/2eZFvSh
By REUTERS from NYT Cricket http://ift.tt/2eZFvSh
Facebook's Pricey Cricket Bid Shows Appetite for Big Sports Events
![Facebook's Pricey Cricket Bid Shows Appetite for Big Sports Events]()
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September 05, 2017
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