Stocks are up but so is anxiety about the future. Find out why in the next Axios AM.


Facebook bug reset 14 million users to public sharing

Phone screen with Facebook sharing feature
Photo: NurPhoto/Getty Images

During several days in May when Facebook was testing a new feature, it reset the accounts of 14 million users to share posts publicly by default, CNN reports.

Why it matters: Facebook is already in the crosshairs of legislators and regulators for mishandling user data, and many users already think the social network does a bad job of protecting their privacy. Every new incident adds to the problem — although 14 million is a relatively small number for Facebook, it's a huge one for everyone else.

The details: Facebook plans to notify affected users by placing an alert on their screens. The bug did not make public posts that had previously been shared to a limited group, the company said -- it only affected new posts shared after the bug started and before it was fixed.