*By Carlo Versano*
Facebook shares dropped Friday afternoon after the company announced that 50 million accounts may have been compromised by hackers exploiting a security vulnerability.
Guy Rosen, the company's VP of product management, said the breach was discovered on Tuesday and affected its "View As" feature, which allows people to see what their own profile looks like to someone else. Rosen said the vulnerability has been patched.
"We’re taking this incredibly seriously and wanted to let everyone know what’s happened and the immediate action we’ve taken to protect people’s security," Rosen, wrote in a [blog post](https://newsroom.fb.com/news/2018/09/security-update/) on Friday.
Facebook ($FB) discovered that unknown attackers manipulated a piece of code that allowed them to steal security tokens that usually keep accounts logged in.
The post was light on detail and was seemingly intended to show the company's efforts at transparency, just months after it was pilloried for a mishandling of the Cambridge Analytica breach.
After that scandal, CEO Mark Zuckerberg [said](https://m.facebook.com/zuck/posts/10104712037900071) in a Facebook post, "We have a responsibility to protect your data, and if we can't, then we don't deserve to serve you."
A woman has taken command of the U.S.S. Constitution for the first time in its 224-year history. Cmdr. Billie J. Farrell on Friday became the 77th commanding officer of the warship that earned the nickname Old Ironsides.
China has flown 39 warplanes toward Taiwan in its largest such sortie of the new year, amid tensions over the island's future.
New York City Mayor Eric Adams plans to convert his first paycheck this week into two cryptocurrencies.
House Speaker Nancy Pelosi on Thursday reversed her position on efforts from rank-and-file members to restrict or ban members of Congress from trading stock in individual companies while in office.
The 40-page paper was widely seen as the first step in doing just that, but the document provides only partial hints as to if the Fed is supportive of a central bank digital currency.
The People's Bank of China (PBOC) announced on Tuesday that 261 million individuals, or about a fifth of the country's population, have now set up digital yuan wallets.
The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market.
At a Wednesday news conference to mark his first year in office, President Joe Biden is admitting that the pandemic has exhausted and demoralized many Americans.
Starbucks is no longer requiring its U.S. workers to be vaccinated against COVID-19, reversing a policy it announced earlier this month.
The Biden administration will begin making 400 million N95 masks available for free to U.S. residents starting next week.
