Silicon Valley’s General Catalyst makes first investment into Saudi Arabia newsthirst.

Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million. General Catalyst has $30 billion in assets under management and has backed major U.S. tech companies like Snap, Stripe and AirBnb. Lean Technologies’ fundraising round also…

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Trump appoints UN ambassador Elise Stefanik and border tsar Tom Homan newsthirst.

US President-elect Donald Trump has made two more key appointments ahead of his return to the White House in January. Tom Homan, 62, will serve as Trump’s “border tsar”, having previously served as the returning president’s acting director of Immigration and Customs Enforcement (Ice). New York Congresswoman Elise Stefanik, 40, has also been made ambassador…

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