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Facebook: All The Scandals Of The Past Year

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Facebook All Scandals Of Past Year,Facebook Data Leaks,Startup Stories,Technology News 2018,Startup News India,Facebook Scandals Past Year,Cambridge Analytica,Facebook Data Breach,Facebook Internal Struggles,Facebook Data Leaks Breach,Facebook CEO Mark Zuckerberg,Largest Online Social Media Platform

Facebook, in recent days, has been embroiled in scandal after scandal. On Wednesday, it was revealed that the initial numbers exposed by the Facebook data leaks were far higher than the 50 million declared by the social media platform. In fact, the numbers are closer to 87 million, a good 30 million more than the declared figures! However, with Zuckerberg’s confessions in front of the Congress, the other scandals Facebook has been going through has been brought to light.

1. Cambridge Analytica 

Cambridge Analytica, the political analysis firm, acquired the data of millions of Facebook users via an app created by a Professor at Cambridge. The data breach was considered a massive violation of information and was also linked to the 2016 Trump Presidential Elections. According to recently revealed reports, the analytics firm had used the revealed information to get an idea of the voters way ahead of the elections. The revelations sparked a massive reaction from the Senators in Washington. This, in turn, led to the #DeleteFacebook moment, with Zuckerberg being summoned to testify against the issue. After a long and omminous silence, he came forward and clarified all the questions posed by the members. The issue is still going on, without a clear idea on the resolve.

2. Retaining deleted videos of the users

One of Facebook’s responses to the Cambridge Analytica incident was to allow users to download their data archive on the social network in order for users to fully understand what information Facebook stores. This move inadvertently trigged more outcry when users discovered that videos recorded on the platform they had thought they had deleted were still present in Facebook’s archives. Facebook in turn, apologized and called the retention an unintentional “bug.” But the error will likely do little to reassure the public in the wake of a much larger ongoing scandal.

3. Facebook’s internal struggles 

When the entire date leaks breach happened, Andrew Bosworth, the Vice President of Facebook, said the growth of Facebook as a company was far more important than the breach of certain individual’s privacy. This sparked off a huge controversy, with Bosworth going on record to clarify that he didn’t mean what he said.

4. The Russian Meddling 

One of the dominant scandals of the 2016 Trump Presidential elections was the fact that Facebook had allowed the Russians to spread their political propaganda on the social networking site. Facebook had admitted last year that fake Russian accounts had been purchased for more than $ 100,000 in ads. Facebook was additionally implicated in its role of distributing misinformation, also known as “fake news,” from phony news sites, more often than not targeted at Hillary Clinton during the campaign, but rampant on both sides nonetheless.

5. Photo and link scan over messenger 

One of the other privacy infringements which came to light during the data leaks breach was the fact that Facebook scans images and links sent via messenger. According to the company policy, the policy is followed to make sure the content used is as per Facebook standards. While the practice may seem standard, users took offence to the policy as they felt it was an impeachment to their privacy rights. Facebook has said it is looking into the issue and will get it fixed as soon as possible.

With Mark Zuckerberg coming forward and saying he will address everyone’s concerns with what is perhaps the largest online social media platform, the issue looks to be resolved soon.

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Tim Cook: Apple Posts Record India Growth in iPhone, Mac & Services

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Apple

Apple CEO Tim Cook revealed that Apple closed the June quarter with record revenue in over two dozen markets, driven by double-digit growth in India across iPhone, Mac and Services. During April–June, iPhone sales in India jumped 13.4% year-on-year, Mac revenue rose 15%, and Services revenue climbed 13%, each marking an all-time quarterly high. Cook emphasized that “we saw iPhone growth in every geographic segment and double-digit growth in emerging markets including India, the Middle East, South Asia, and Brazil.”

India’s strategic importance extends beyond sales into Apple’s supply chain: 71% of iPhones sold in the U.S. now carry “Country of Origin: India,” up from 31% a year ago. This shift underscores Apple’s diversification strategy and its deepening manufacturing partnerships with Foxconn, Pegatron, and Tata Electronics. Cook noted that India has become a “major manufacturing base” for iPhones destined for global markets, reducing reliance on a single region and enhancing supply stability.

Looking forward, Apple plans to open new retail stores in India later this year, bolstering its direct-to-consumer presence and capitalizing on the world’s fastest-growing smartphone market. Despite incurring approximately $800 million in tariff costs during the quarter, Cook affirmed that India’s market potential and manufacturing advantages remain “key pillars of our global strategy” as Apple accelerates its expansion across the subcontinent.

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Microsoft Hits $4 Trillion Milestone Driven by AI and Cloud Growth

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Microsoft-Satyam

Microsoft vaulted past the $4 trillion market-capitalization milestone on July 31, becoming only the second U.S. company after Nvidia to reach this valuation as AI enthusiasm swept through equity markets. Shares jumped 5.3% on the back of stronger-than-expected fiscal Q4 results, with revenue climbing 18% year-over-year to $76.44 billion and net income rising 24% to $27.23 billion, while earnings per share of $3.65 beat analysts’ $3.37 consensus. 

The company’s Intelligent Cloud segment, led by Azure, delivered 39% revenue growth, pushing full-year Azure sales past $75 billion—a 34% increase—and underscoring cloud and AI as core growth drivers. CEO Satya Nadella emphasized that “Cloud and AI is the driving force of business transformation across every industry and sector,” reflecting momentum from strategic AI investments, including the partnership with OpenAI and proprietary model development. 

Microsoft’s share gains helped propel the Nasdaq Composite up 1.3% to 21,396 and the S&P 500 higher by 0.8%, with the Dow Jones Industrial Average adding 0.3%. Looking ahead, record capital expenditures of $30 billion slated for AI infrastructure and data-center expansion, combined with deep integration of generative AI across Microsoft 365 via Copilot, position the company to sustain market-cap expansion as enterprises accelerate digital transformation.

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Yali Capital Makes History with ₹893 Crore Deeptech Fund to Power Indian Innovation

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Yali Capital

Bangalore’s Yali Capital has closed its first deeptech-focused fund, raising a substantial ₹893 crore (about $104 million) and surpassing its initial ₹500 crore target. This major fundraising milestone highlights the growing appeal and investor confidence in India’s deeptech landscape, fueling innovation in pivotal sectors like semiconductors, artificial intelligence, robotics, aerospace, genomics, and smart manufacturing. The fund cements Yali Capital’s position as a key player driving progress in India’s burgeoning tech ecosystem.

Strategically, Yali Capital’s fund targets both early-stage (Seed, Series A) and later-stage (Series D and beyond) startups. Its diverse roster of Limited Partners (LPs) includes prominent corporations such as Infosys, Qualcomm Ventures, and Tata AIG, alongside government-backed organizations like the DPIIT Fund of Funds for Startups and the Self-Reliant India Fund. With heavyweight backers like Kris Gopalakrishnan (Infosys co-founder), Gopal Srinivasan (TVS Capital), and Utpal Sheth (RARE Enterprises), Yali Capital ensures robust strategic support. The firm’s dual structure—a SEBI-registered Alternative Investment Fund (AIF) and a GIFT City-based feeder vehicle—enables global investor participation, guided by tech luminary Lip-Bu Tan and managing partner Ganapathy Subramaniam.

Already, Yali Capital has invested in five breakthrough startups, including C2I Semiconductor, 4baseCare, and Perceptyne, focusing on chip design and AI. By devoting two-thirds of its fund to early-stage companies, Yali Capital underscores its commitment to nurturing next-generation Indian deeptech founders. This fundraising success aligns with a nationwide trend of surging investments in advanced technology and positions Yali Capital at the forefront of India’s drive toward self-reliance and global tech leadership.

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