My files
My files contain your OneDrive folders and files. You get 1TB of storage in your personal OneDrive.
Recent
Recent displays your recent file activity. This is organized by Today, Yesterday, This Week, and then by older weeks and months.
This menu can be used to quickly get back to files you have recently been working on.
Shared
Shared is organized into two areas: Shared with you and Shared by you. This can be used to see files others have shared with you or to review files you have shared with others.
Recycle Bin
All your deleted files are moved to your recycle bin. To find more information on the recycle bin, reference the recycle bin section.
Shared Libraries
Shared libraries list the SharePoint sites you have access to. This is helpful to get back and forth between your OneDrive files and SharePoint files.