C. Richard Kramlich, a pioneering investor in Silicon Valley and co-founder of New Enterprise Associates, passed away at 89 in Oakville, Calif. Known for backing tech giants like Apple and Juniper Networks, he grew NEA from a $16 million fund to $26 billion, emphasizing the importance of relationships in venture capital. His legacy includes mentoring founders, investing in emerging technologies, and amassing a significant art collection with his wife, Pamela, showcasing his commitment to innovation and creativity.
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Judges order US government to rehire thousands of workers
Two federal judges have ordered the Trump administration to rehire tens of thousands of government employees terminated in recent weeks, citing breaches of rules surrounding mass layoffs. Maryland district judge James Bredar and San Francisco district judge William Alsup issued temporary restraining orders directing reinstatement of probationary employees across various federal agencies, challenging Elon Musk's cost-cutting efforts. The judges found that the firings lacked cause and proper notice, prompting the Trump administration to clarify directives...
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