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Petya Ransomware Afects Millions Of Computers Worldwide

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In a matter of months, multiple cyber attacks have crippled leading countries worldwide bringing operations to a standstill. The latest such ransomware named Petya, infected computers all over the world and shut down computers at an alarming rate.

Initially called Petya, the ransomware was later identified as GoldenEye by security firm Bitdefender. This latest cyber attack, like WannaCry, infected more than 300,000 computers on Tuesday by encrypting not only the files but the hard drive as well. GoldenEye has two layers that lock up the files and the computers file system by rebooting as soon as it finishes encrypting files. The ransom demands can be seen as soon as a computer is infected.

The hackers behind this latest ransomware were asking for a $300 bitcoin payment for the victims to gain back access. According to researchers at Recorded Future, it also has a hidden Trojan virus that steals the victim’s username and passwords.

Airports, hospitals, national banks and ministry offices were shut down in Ukraine which was the biggest victim of the attack. Russia, Denmark, United States, United Kingdom, France and India were also affected by this ransomware.

Many cyber security researchers said the virus uses an exploit known as EternalBlue, developed by the National Securit Agency (NSA,) of the United States over 5 years ago. This exploit along with other NSA secrets was disclosed by a group called Shadow Brokers in April.

India’s largest port in Mumbai, Jawaharlal Nehru Port Trust shut down all operations in one of its three terminals. According to cyber security firm Kaspersky Lab, Russia and Ukraine were the worst hit with Government agencies, financial firms, banks and a power distributor being affected.

Ukrainian Prime Minister Volodymyr Groysman called the attack “unprecedented,” and the official Ukrainian Twitter account also sent a tweet regarding the growing ransomware attack.

In America, A.P. Moller-Maersk, the world’s largest shipping company said it was also a victim of the attack across multiple sites and business units. Since its initial attack on Tuesday, more than $4,600 has been paid to the hackers bitcoin wallet in 19 payments. But the people behind this ransomware attacks are yet to be found.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Equark - StartupStories

Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

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Zepto Delays IPO to Focus on Profitability and Indian Ownership

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Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

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