*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."
The Biden administration says it is hiring more federal firefighters — and immediately raising their pay — as officials ramp up response efforts in the face of a severe drought that's setting the stage for another destructive summer of intense wildfires across the West.
The race for an exchange-traded fund (ETF) based on bitcoin is heating up despite multiple delays from federal regulators.
President Joe Biden is in Wisconsin, looking to sell voters on the economic benefits of the $973 billion infrastructure package.
Christina Radigan, chief marketing officer of the Out of Home Advertising Association of America, joined Cheddar News' Michelle Castillo to talk about its new study on consumer travel trends and the push to get people to do things outdoors.
A federal judge has dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants.
Electronic cigarette giant Juul Labs Inc. will pay $40 million to North Carolina and take more action to prevent underage use and sales.
President Joe Biden is hoping to get the bipartisan infrastructure deal on track by highlighting its expected economic benefits.
The Defense Department says the U.S. military conducted airstrikes against what it says were “facilities used by Iran-backed militia groups” near the border between Iraq and Syria.
Former Minneapolis police Officer Derek Chauvin has been sentenced to 22 1/2 years in prison for the murder of George Floyd, whose dying gasps under Chauvin’s knee led to the biggest outcry against racial injustice in the U.S. in generations.
President Joe Biden has announced a bipartisan agreement on a pared-down infrastructure plan that would make a start on his top legislative priority and validate his efforts to reach across the political aisle.
