Does the First Amendment Cover the Right to "Like" Something on Facebook?

The answer to that question is no, at least according to the U.S. District Court for the Eastern District of Virgina, which has ruled that Facebook "likes" do not count as constitutionally protected forms of speech. From the opinion in Bland v. Roberts:

[Previous First Amendment rulings] differ markedly from the case at hand in one crucial way: Both [precedents] involved actual statements. No such statements exist in this case. Simply liking a Facebook page is insufficient. It is not the kind of substantive statement that has previously warranted constitutional protection. The Court will not attempt to infer the actual content of Carter's posts from one click of a button on Adams' Facebook page. For the Court to assume that the Plaintiffs made some specific statement without evidence of such statements is improper. Facebook posts can be considered matters of public concern; however, the Court does not believe Plaintiffs Carter and McCoy have alleged sufficient speech to garner First Amendment protection.

At the Volokh Conspiracy, UCLA law professor Eugence Volokh argues that the decision is just flat out wrong:

A Facebook "like" is a means of conveying a message of support for the thing you're liking. That's the whole point of the "like" button; that's what people intend by clicking "like," and that's what viewers will perceive. Moreover, the allegation is that the employees were fired precisely because the Sheriff disapproved of the message the "like" conveyed. I would treat "liking" as verbal expression — though it takes just one mouse-click, it publishes to the world text that says that you like something. But even if it's just treated as symbolic expression, it is still constitutionally protected, as cases such as Texas v. Johnson (1989) (the flag-burning case) show.

Read Volokh's full analysis of the decision here.