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Self-driving truck startup Starsky Robotics raises $16.5 million

Starsky Robotics, a self-driving truck startup, has raised $16.5 million in new funding led by Shasta Ventures, with Y Combinator,, 50 Years, 9Point Ventures, and others also participating.

Why it matters: Trucking will be one of the first applications of autonomous driving as highways are much easier to master than urban driving.

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Zuckerberg admits Facebook "breach of trust"

Facebook CEO Mark Zuckerberg walks wearing a t-shirt, with trees behind him
Photo: Drew Angerer/Getty Images

Mark Zuckerberg weighed in on what he called the "Cambridge Analytica situation" today in a Facebook post, saying there was a "a breach of trust between Facebook and the people who share their data with us and expect us to protect it. We need to fix that."

Why it matters: Facebook has been under extraordinary pressure from lawmakers, regulators and Wall Street to respond to the issue.

David McCabe 1 hour ago
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Zuckerberg's Cambridge Analytics comments fail to calm lawmakers

A sign reading "Cambridge Analytica"
The Trump-linked data firm Cambridge Analytica is at the center of a growing scandal for Facebook. Photo: Jack Taylor/Getty Images

Facebook's response to the controversy over Cambridge Analytica's illicit gathering of its user data haven't satisfied many of its critics on Capitol Hill.

Why it matters: New data privacy regulations would upend Facebook's business model, so the company is looking to address lawmakers' fears this week.