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While many top-tier venture firms keep raising massively larger funds, Greylock Ventures, one of the oldest and most prestigious venture firms in Silicon Valley, is intentionally resisting the trend of ballooning fund sizes. **Key Takeaways** * **Strategic Restraint:** Greylock Ventures, a Silicon Valley veteran, raised a $1.5 billion Fund 18, a 50% increase from its last fund, but deliberately capped it at a figure significantly lower than what it could have secured, bucking the industry trend of ever-larger funds. * **Deep Partnership Focus:** The firm prioritizes intensive, early-stage partnerships with a small number of founders, committing to hands-on support and…

ATLANTA, Georgia – Heartbreak. Sheer, unadulterated heartbreak for England. In a World Cup semi-final that promised glory and delivered only agony, Thomas Tuchel found himself defending the indefensible after his Three Lions squandered a precious lead, crumbling to a 2-1 defeat against a relentless Argentina. The dream of lifting the golden trophy in 2026, so tantalizingly close, evaporated in the humid Atlanta night, leaving a bitter taste of what-might-have-been. The roar that erupted when Anthony Gordon poked home from close range in the 55th minute felt like an earthquake, a seismic shift that put England on the precipice of the…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the world **Key Takeaways:** 1. **Erosion of Rule of Law Concerns:** The confirmation hearing for acting Attorney General Todd Blanche highlighted deep-seated concerns over the Department of Justice’s independence, with implications for the predictability of the regulatory environment and the stability of the rule of law – critical pillars for investor confidence and market stability. 2. **Increased Political Risk Premium:** Debates surrounding the “anti-weaponisation” fund, politically motivated prosecutions, and pardons for January 6 rioters introduce a heightened political risk premium into…

Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org **Washington D.C.** – House lawmakers on July 15 unveiled a new funding bill that allocates $60 billion for defense, a figure $290 billion less than the President’s requested amount. This proposal casts significant doubt on the administration’s broader ambition for a defense budget totaling approximately $1.5 trillion for the current fiscal year, which includes a substantial supplemental request. The bill, informally referred to as “Reconciliation 3.0,” is designed to navigate Congress…

The National Transportation Safety Board (NTSB) said Wednesday that the driver of a Tesla who crashed into a house in June had pressed the accelerator pedal to 100%, overriding the company’s Full Self-Driving (Supervised) software. Data recovered from the Tesla showed that the vehicle was traveling more than 70 miles per hour when it struck a house in Katy, Texas, killing 76-year-old resident Martha Avila, according to the NTSB. The family of the victim has since sued the alleged driver, 44-year-old Michael Butler, and Tesla, claiming negligence. Butler has also been charged with manslaughter. The safety board shared the information…

The gladiatorial arena of the World Cup semi-final erupted in a symphony of fouls and fury on Wednesday, as England and Argentina locked horns in an opening period that promised, and delivered, raw, unbridled intensity. From the first whistle in Atlanta, it was clear this wasn’t just a football match; it was a battle for supremacy, a modern-day re-enactment of an age-old rivalry, with the stakes – a place in the World Cup final – electrifying every challenge. The opening 10 minutes alone were a testament to the brutal commitment on display. Argentina, in a stunning display of aggressive intent,…

UK Resumes Domestic Artillery Barrel Production for Ukraine After Two-Decade Hiatus The United Kingdom has commenced the delivery of the first British-made artillery barrels to Ukraine, under a £61 million contract with Sheffield Forgemasters. This development marks a significant milestone, representing the first time forged artillery barrels have been produced in the UK in almost two decades, signaling a revival of a critical domestic defence manufacturing capability. A total of 150 gun barrels, designed for both 105mm and 155mm artillery systems, are being manufactured at the Sheffield Forgemasters facility in Yorkshire. The contract was awarded by the UK Government to…

**Key Takeaways:** 1. **OnePlus Retreats Globally:** Citing a corporate restructuring at parent company Oppo, OnePlus is set to wind down its operations in the U.S., Europe, and India, signaling a significant strategic pivot for the once-disruptive smartphone brand. 2. **Market Headwinds Drive Consolidation:** The move comes amidst a challenging global smartphone market characterized by rising consumer electronics prices, slowing demand, lengthening upgrade cycles, and critical supply chain issues like “RAMageddon.” 3. **Oppo’s Strategic Realignment:** Oppo plans to consolidate its international efforts, focusing OnePlus exclusively on the Chinese market while leveraging the Realme brand for broader global reach, indicating a tough…

Key Takeaways **Critical Supply Chokepoint Shut:** Renewed geopolitical tensions have again largely shut the Strait of Hormuz, threatening approximately 20% of the world’s crude oil supply and immediately reintroducing a significant supply risk premium into global energy markets. **Exhausted Strategic Buffers:** Emergency oil stockpiles, including strategic petroleum reserves (SPR) and commercial inventories, which previously cushioned supply shocks, are now largely depleted, leaving global markets acutely vulnerable to further disruptions. **Escalating Price Volatility & Refined Product Squeeze:** Brent crude prices have surged significantly, reflecting heightened anxiety. Simultaneously, refined product markets, particularly diesel and gasoline, are facing unprecedented tightness exacerbated by external…

The global football stage is set for an epic, emotionally charged showdown. As England and Argentina prepare to collide in a World Cup semi-final that promises to be nothing short of a sporting war, an unexpected tremor has rippled through the foundations of English football loyalty. Liverpool Football Club, a bastion of the sport, has ignited a social media firestorm with a post that, to many, implied support for Argentina and their midfielder Alexis Mac Allister, rather than their home nation, England. This wasn’t merely a misplaced emoji; it was a digital declaration that has peeled back layers of complex…