*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."
In the 1920s, an army of real estate boosters set out to redefine Florida from an economic backwater to a ritzy vacation destination, sparking a land boom — and bust — the likes of which America had never seen before.
President Joe Biden is meeting with the House Democratic committee chairs who aim to put his $1.9 trillion coronavirus relief package on a fast track to becoming law.
Nate Boutte, pharmacy manager for Walgreens, talked about the readiness of the pharmacy chain in getting COVID vaccines out in the White House's new distribution plan.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The IRS is offering eligible taxpayers who did not receive their full federal stimulus checks a chance to claim a Recovery Rebate Credit on their 2020 tax return.
Rep. Al Green (D-Texas 9th District), spoke with Cheddar about the possibility of raising the federal minimum wage as part of the current COVID relief package.
Rep. Brenda Lawrence (D-Mich. 14th. District) said that Trump must be held accountable for his possible role in egging on supporters to invade the Capitol Building on January 6.
Rep. Sara Jacobs (D-Calif. 53rd District) spoke to Cheddar about how those accused of provoking the January 6 attack on Capitol Hill, such as Rep. Greene and former President Trump, need to be held accountable.
Smartmatic is suing Fox News, three of its top hosts, Rudy Giuliani and Sidney Powell for $2.7 billion, charging that the defendants conspired to spread false claims it helped steal the presidential election from Trump.
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
