It could be the long-awaited turning point in the world of venture capital and beyond. Yale, whose $32 billion endowment has been led since 1985 by the legendary investor David Swensen, just let its 70 U.S. money managers across a variety of asset classes know that for the school, diversity has now moved front and center. According to the WSJ, Swensen has told the firms that from here on out, they will be measured annually on their progress in increasing the diversity of their investment staff, from hiring to training to mentoring to their retention of women and minorities. Those that show little improvement may see the prestigious university pull its money, Swensen tells the outlet. It’s hard to overstate the move’s significance.

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  • A timeline of Tesla Cybertruck problems, from rust to hail damage to pedal recalls
    Fast Company, Saturday - 04/20/2024 - 08:30 AM

    What started with a continuously delayed production timeline has now ended with a major recall. Here’s the flubs and driver-reported issues that happened in between. We called it back on January 24, 2023: the Cybertruck has a serious design problem. Industry experts believe that its design is so bad that it affects the company’s ability to manufacture it, as Tesla CEO Elon Musk himself later admitted.

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  • Energize Colorado boosts local economy with $14M in lending to small businesses
    BizJournals, Saturday - 04/20/2024 - 02:00 AM

    In a game-changing move for the state’s economy, Energize Colorado announces it has injected $14 million in low-interest loans to over 300 local small business owners across various industries, supporting a sector that is the backbone of the state's economy. Small businesses, making up an incredible 99.5% of all companies in Colorado, employ 1.2 million workers and generated more than $225 billion in total economic output in 2020 alone. In light of these staggering statistics, Energize Colorado,…

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  • Building a blueprint for Philadelphia’s future workforce in construction
    BizJournals, Saturday - 04/20/2024 - 12:00 AM

    The future of the construction industry is bright, thanks to an initiative by GBCA to develop the next generation of workers. As part of GBCA’s three-year strategic plan, the organization is engaging with Philadelphia-area students, with the goal of introducing 25,000 school-aged individuals in the Philadelphia region to the construction industry by 2025.

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  • Prison Architect 2 delayed again, this time to September
    ReadWriteWeb, Friday - 04/19/2024 - 04:32 PM

    A second delay has been confirmed for Prison Architect 2, less than a month before the expected launch date. The game is now expected to launch on Sept. 3. The announcement came Friday from publisher Paradox Interactive and developer Double Eleven. The initial launch for PS5, Xbox, and Steam was scheduled for March 25 and then delayed to May 7.

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  • U.S. Air Force says it has planes with AI capable of dogfighting
    ReadWriteWeb, Friday - 04/19/2024 - 04:21 PM

    In partnership with the Defense Advanced Research Projects Agency (DARPA), the US Air Force has announced a significant breakthrough in achieving its first artificial intelligence (AI) dogfight.  Project teams from the Air Force Test Pilot School and DARPA collaborated to great effect, testing AI algorithms using the X-62A VISTA aircraft.  DARPA is an organization within the US Department of Defense whose many oversights include aircraft design.

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  • Wizards Of The Coast President Resigns, leaving legacy of disharmony
    ReadWriteWeb, Friday - 04/19/2024 - 04:13 PM

    Cynthia Williams, president of Dungeons & Dragons publisher Wizards of the Coast, has resigned from her post. The shock news comes from a filing to the U. S. Securities and Exchange Commission from Hasbro, the parent company of Wizards. The SEC filing reads “On April 15, 2024, Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming, informed the Company of her resignation from the Company effective April 26, 2024.

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