The files detail Facebook’s attempts to undermine Snap’s business, including allegedly stopping Snap content from trending on Instagram and threatening to remove the verification statuses of popular accounts that referenced Snap. (Wall Street Journal)
Talking point: Facebook’s rivals are jumping at the opportunity to provide information for the U.S. Federal Trade Commission’s ongoing investigation. The agency has now spoken with dozens of tech executives and app developers, as well as startups that went under after Facebook cut off access to its services. Paul Keable, chief strategy officer at Ashley Madison, hasn’t been asked to provide information yet, but said he would do so if it happens. One of Snap’s chief complaints is that Facebook regularly copies its features, like face filters and stories that disappear after short periods. Last week, The Information reported that Facebook is working on smart glasses similar to those Snap already has on the market.