Newly public documents reveal just how paranoid Facebook was of its potential competitors and shines new light on some of the company's most important acquisitions. From a report: The internal documents, made public as part of a cache of documents released by UK lawmakers, show just how close an eye the social network was keeping on competitors like WhatsApp and Snapchat, both of which became acquisition targets. The documents, which are labeled "highly confidential," show slides from an internal presentation in 2013 that compares Facebook's reach to competing apps, including WhatsApp and Snapchat. While Facebook and Instagram lead in marketshare, it's clear why Facebook may have viewed Snapchat and WhatsApp as potential threats. [...] Facebook's presentation relied on data from Onavo, the virtual private network (VPN) service which Facebook also acquired several months later. Facebook's use of Onavo, which has been likened to "corporate spyware," has itself been controversial.
Read more of this story at Slashdot.