1st box contains "TOP pages" on Facebook from server techcrunch.com e.g. pages that were liked and shared on Facebook. Their exact order is Facebook magic that only Mark Zuckerberg knows 8-) Ignore the icons, they're just random pictures from given url.
2nd box is less important. It contains recent activity of your Facebook friends on the server. In case there has been no activity, 2nd box has the same content as the 1st box.
Made by Martin Hassman - twitter, linkedin, labs.