*By Carlo Versano*
As Facebook tries to recover from what might be its worst security breach yet ー one in which the personal details of at least 50 million accounts were exposed ー users are wising up about what they share on the vast social network.
"People are getting a little bit smarter," Mashable deputy tech editor Michael Nuñez said.
Nuñez pointed out Monday in an interview on Cheddar that the breach, announced by Facebook on Friday, was "not their first, but it is their worst."
Facebook ($FB) is now at risk for a potential $1.6 billion fine from European regulators who have more latitude to penalize the company since the landmark GDPR law went into effect, according to the [Wall Street Journal](https://www.wsj.com/articles/facebook-faces-potential-1-63-billion-fine-in-europe-over-data-breach-1538330906?dlbk&te=1&nl=dealbook&emc=edit_dk_20181001).
But even that would be just a "slap on the wrist" for a company with a market cap of $474 billion, Nuñez said.
The more pressing question is whether these security hacks will cause users to rethink their relationship with Facebook altogether.
Indeed, that may already be happening. Facebook has gotten so large that its growth has started to decelerate. Perhaps more importantly, "a lot of young people are skipping Facebook entirely" and choosing to share content elsewhere, Nuñez said.
Luckily for CEO Mark Zuckerberg, many of the platforms users are choosing instead ー WhatsApp and Instagram, for example ー are owned by Facebook.
At this stage, Facebook's core product has more similarities to email, Nuñez said. With both tools, there's a learning curve, and users would be wise to apply the lesson of email writing to Facebook use: "You shouldn't share anything you don't want to be public."
For full interview [click here](https://cheddar.com/videos/50-million-affected-in-latest-facebook-scandal).
The trial between Google and the maker of the game Fortnite will begin Monday as a San Francisco jury will hear Epic Games' case claiming the Google Play Store takes an unfair commission on purchases made through apps.
One of the most self-made and success stories in the country, Emma Grede, has worked along with the Kardashian Jenner family on many of their best-known brands. Grede, CEO and co-founder of Good American, gave back to the next generation of business leaders as a featured speaker at the Chase for Business Make Your Move summit last week. She spoke with Cheddar News about her career, her company's fashion brand, working with the famous Kardashian-Jennifer family and balancing her own family life.
Berkshire Hathaway, the conglomerate run by businessman Warren Buffett, reported its operating earnings in its most recent quarter jumped more than 40% from a year ago but posted its first net quarterly loss in a year.
Elon Musk's company XaI has announced a new chatbot called Grok.
SAG-AFTRA said over the weekend that it received the studios' last best and final offer following a meeting on Saturday, with the union saying it's reviewing it and considering a response "within the context of the critical issues addressed in our proposals."
Stocks rose slightly as Wall Street looks to continue its momentum with earnings season winding down.
Tyson Foods is recalling about 30,000 of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in those nuggets.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
Before the SAG-AFTRA strike, this was the weekend “Dune: Part Two” was supposed to open. When Warner Bros. and Legendary pushed that opening back to March 2024 and no other blockbuster stepped in to take its spot.
A growing number of Californians are planting agave to be harvested forz use in spirits. The trend is fueled by the need to find hardy crops that don’t need much water and a booming appetite for premium alcoholic beverages.
Load More