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Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered multiple records in the process. Haun Ventures’ kickoff marks the largest debut venture fund ever raised by a solo female founding partner, according to Pitchbook. Former investment banker Mary Meeker held the prior record with a $1.3
Rishi Sunak is expected to pledge to “stand by” hardworking families and set out further plans to support people with the rising cost of living when he unveils his spring statement on Wednesday. It is understood the chancellor will unveil proposals intended to build “a stronger, more secure economy” as people across the UK face
Sky News gains unprecedented access to the RAF pilots responsible for protecting Britain’s skies from terrorist threats. Ready to respond at a moment’s notice, the Quick Reaction Alert crews based at RAF Coningsby, Lincolnshire, fly Eurofighter Typhoon jets. They are armed with short and medium range missiles, and are ready to shoot down hostile aircraft
Investigators looking into the China Eastern Airlines crash face a “very high level” of difficulty due to the severe damage to the aircraft, an official has said. Authorities do not have a clear assessment of the cause of Monday’s crash, said Zhu Tao, director of aviation safety at the Civil Aviation Administration of China. He
The UK’s data protection watchdog said he is “very much in favour of algorithmic transparency” amid government proposals to loosen existing regulations and deliver a Brexit dividend. Westminster sources, including parliamentarians and civil servants, have told Sky News they see growing tensions in Whitehall over the future direction of the UK’s data protection regime. The
Tesla has secured another large battery contract in Australia as its Megapack was selected to power a giant new 300 MWh energy storage project to help renewable energy in New South Wales. Edify Energy is behind the project called “Riverina and Darlington Point Energy Storage Systems,” which will consist of three clusters of battery packs
The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of relying heavily on the U.S. dollar, according to the co-director of the Institute for the Analysis of Global Security. “Central banks are beginning to ask questions,” said Gal Luft of the
Weeks after Moscow forced the 11th-hour cancellation of a rocket launch for British satellite venture OneWeb from Russia’s Baikonur Cosmodrome in Kazakhstan, the company said on Monday it has contracted with Elon Musk’s SpaceX to send its satellites into orbit. Terms of the deal with California-based SpaceX, a direct competitor of OneWeb in the burgeoning broadband
Russian forces attempting to encircle Kyiv have partially occupied three north-western suburbs, as Ukrainian forces continued to defend the besieged city of Mariupol. The Ukrainian army said in the early hours of Tuesday that it had forced Russian troops out of Makariv – a strategically important Kyiv suburb – after a fierce battle, retaking control