Teens Abandon Facebook While Twilio Faces Major Phishing Hack

A new Pew study shows teen usage of Facebook drops to just 32% as young users flock to TikTok and YouTube. Meanwhile, Twilio suffers a massive SMS phishing attack compromising employee credentials.

A recent Pew study reveals that teenagers continue to abandon Facebook in massive numbers, with usage plummeting from 71% in 2014 to just 32% in 2022. Young users now prefer platforms like Instagram, YouTube, and TikTok, cementing the idea among younger generations that Facebook is primarily for older demographics.

Twilio experiences a significant security breach after threat actors execute a sophisticated SMS phishing campaign that tricks employees into handing over their corporate login credentials. The communication platform confirms that the data of at least 125 customers is accessed during this targeted attack, though the exact scope of the stolen information remains unclear.

In other major tech news, SpaceX successfully launches South Korea's first-ever lunar orbiter atop a Falcon 9 rocket, paving the way for a planned surface landing in 2030. Additionally, Mark Cuban faces a class-action lawsuit over the collapse of the Voyager Digital crypto platform, and a troubling trend emerges as various tech companies announce consecutive rounds of layoffs just weeks apart.

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