Mass media vs. social media – TechCrunch

In the waning years of the last millennium, at my university, one of the cause célèbres of the progressive left was a concept known as “Manufacturing Consent,” the title of a book and film, by and starring Noam Chomsky. Its central thesis was that US mass media “are effective and powerful ideological institutions that carry…

Penta, the German business banking challenger, partners with SumUp to target offline businesses – TechCrunch

Penta, the Berlin-based business banking challenger that also now operates in Italy, has partnered with BBVA-backed card reader company SumUp in a bid to attract more offline businesses. Up until recently, Penta had been targeting digital businesses, such as startups and e-commerce SMEs, but has since re-positioned itself for wider business banking appeal. By partnering…

Omar Hamoui leaves Sequoia for LA-based Mucker Capital as it looks to lead more Series A deals – TechCrunch

Mucker Capital, the now eight-year-old, Santa Monica, Calif.-based pre-seed startup accelerator and venture outfit, has brought aboard Omar Hamoui, a partner at Sequoia Capital for the last six-plus years, as its third general partner. Hamoui joins firm co-founders Erik Rannala and William Hsu, along with several other investors on the team who are collectively working…

Kredivo’s parent firm FinAccel raises $90M to expand its credit lending platform in Southeast Asia – TechCrunch

Singapore-headquartered FinAccel has secured $90 million in one of the largest funding rounds for a fintech startup in Southeast Asia as it looks to further grow its credit lending app Kredivo and build more financial services. The financing round, dubbed Series C, for the three-and-a-half-year-old startup was jointly led by Asia Growth Fund — a…