The Facebook Papers may be the biggest crisis in the company's history

Facebook has confronted whistleblowers, PR firestorms and Congressional inquiries in recent years. But now it faces a combination of all three at once in what could be the most intense and wide-ranging crisis in the company's 17-year history.

On Friday, a consortium of 17 US news organizations began publishing a series of stories — collectively called "The Facebook Papers" — based on a trove of hundreds of internal company documents which were included in disclosures made to the Securities and Exchange Commission and provided to Congress in redacted form by Facebook whistleblower Frances Haugen's legal counsel. The consortium,...