Staff writer Zoë Henry discusses how Mark Zuckerberg fared on Capitol Hill this week. Congressional lawmakers grilled the Facebook co-founder over the course of two sessions totaling more than 10 hours, as questions over the privacy and security of users' data on the social network mount. Last month, it surfaced that the political data firm Cambridge Analytica harvested information from as many as 87 million Facebook users to create psychological voter profiles, which it allegedly handed over to the Trump campaign in the run up to the 2016 U.S. election. "We didn't take a broad enough view of our responsibility, and it was a big mistake," Zuckerberg told senators in a prepared statement ahead of Tuesday's session. "It was my mistake, and I'm sorry," he said.
Then, staff writer Emily Canal explores how two cousins built a $20 million business selling Maine lobster through food trucks across the country. The health of that company, Cousins Maine Lobster, has depended in large part upon the price of lobster--an extraordinarily volatile product-so the founders elected to send franchisees to southern Maine to learn firsthand about the industry.
Finally, for our Exit Interview segment, the group interviews Bill Clerico, co-founder and CEO of payments processor WePay. Clerico discusses what it was like to sell his company to J.P. Morgan Chase for $400 million last year.