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…

Softbank strikes IoT deal with Lippo Group to connect malls, roads and hospitals

Japan’s Softbank will plough artificial intelligence (AI) and internet-of-things (IoT) technologies into a burgeoning smart city project in Indonesia, after striking a deal with Jakarta-based conglomerate Lippo Group. The deal, with the Indonesian firm’s real-estate division PT Lippo Karawaci (LPKR), focuses on Lippo Village in Tangerang, a new town west of Jakarta. It envisions a…

an interview with Salesforce’s Chief Philanthropy Officer – TechCrunch

Since its founding two decades ago, Salesforce has pioneered the Pledge 1% model of giving back one percent of equity, product, profit, and employee time to charity. As EVP, Marketing and Chief Philanthropy Officer for Salesforce, Ebony Beckwith is in charge of identifying those service opportunities for more than 40,000 employees while also managing the Salesforce Foundation, which administers…

New Unpatched Strandhogg Android Vulnerability Actively Exploited in the Wild

Cybersecurity researchers have discovered a new unpatched vulnerability in the Android operating system that dozens of malicious mobile apps are already exploiting in the wild to steal users’ banking and other login credentials and spy on their activities. Dubbed Strandhogg, the vulnerability resides in the multitasking feature of Android that can be exploited by a…