Dick Kramlich, the venture capital pioneer who co-founded New Enterprise Associates and invested in successful tech companies like 3Com, Grand Junction, and Force10 Networks, died at the age of 89. His daughter confirmed his sudden passing, noting his role as a family leader and optimistic investor. Kramlich retired in 2012 after building NEA into a Silicon Valley powerhouse, leaving a lasting legacy in the tech industry.
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Kidnappers locked up for ambushing Israeli record producer at Welsh cottage
Three kidnappers were sentenced to eight years and one month in prison for attempting to abduct Israeli record producer Itay Kashti in a botched kidnap plot motivated by political, religious, and financial reasons. The trio, Mohammad Comrie, Faiz Shah, and Elijah Ogunnubi-Sime, targeted Kashti by posing as representatives of Polydor Records and assaulting him at an isolated cottage in Wales. Despite suffering injuries, Kashti managed to escape and alert the police, leading to the arrest...
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