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The Facebook Privacy Scandal Still Continues!

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Facebook Privacy Scandal Still Continues,Startup Stories,2018 Motivational Stories,Inspiring Startup Story,Facebook Privacy Scandal,Facebook Data Protection,Cambridge Analytica Data Breach,Facebook Privacy Issues,Facebook Latest Updates

The global social media giant Facebook, is under the scanner once again over privacy related concerns.

In recent months, Facebook have been caught up with a number of privacy scandals and data protection issues including the infamous Cambridge Analytica data breach issue.

The link with the earlier data scandal is the University of Cambridge’s Psychometrics Center controlled both data sets. Alexander Kogan, who is a core component of the Cambridge Analytica scandal, was part of this project as well.

However, there seem to be a no end to the Facebook privacy scandals.

A data set of more than 3 million users have been exposed via a personality quiz app called myPersonality. The app, myPersonality was developed by researchers at the University of Cambridge. The quiz was taken by over 6 million people. The data included answers to personal questions and was held by academics from the University of Cambridge Psychometrics Centre.  The personality quiz exposed the personal Facebook details and even status updates of around 150,000 users.

This data was supposed to be restricted to a group of selected people with official approvals, it was reportedly made available to a select group of researchers outside of Cambridge as well.

The app accessed the Big Five, personality app recorded personality scores of 3.1 million users and status updates from over 150,000 users, including details about age, gender and relationship status from 4.3 million people. Ever since the news of this scandal came to light, Facebook suspended the myPersonality app!

Facebook’s response to this led to an investigation into the myPersonality quiz and the associated apps. The social media giant has so far suspended 200 apps that could be involved in data harvesting in this manner.

 

With the privacy issues continuing to woe us, is the social media giant Facebook secure enough to use?

 

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Tesla Secures Mumbai Facility as Key Step in India Market Entry

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Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

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Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

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MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

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PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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