Wednesday, June 26

Geek

Daily News Stuff 26 June 2024

Stochastic Scrabble Bag Edition

Top Story

  • Fearless Fund's founder has resigned, and it's a sad reflection on the VC world for Black women.  (Tech Crunch)

    Is it, though?
    Still, it is being sued by a politically conservative group called the American Alliance for Equal Rights (AAER) over its charitable grants program. AAER is challenging the fund’s right to provide $20,000 in small business grants to Black women, claiming the program violates the Civil Rights Act of 1866, which bans the use of race in contracts.
    Oh.
    The case is not going particularly well for Fearless Fund. As TechCrunch recently reported, earlier this month an appeals court ruled against Fearless. It upheld a preliminary injunction that prevents the firm from making grants to Black women business owners. The firm told TechCrunch at that time it is weighing its options on how to proceed.
    Shockingly, it turns out that racism is not only bad, but sometimes illegal.  And while larger funds don't care about quaint notions like right and wrong, they do care about lawsuits potentially involving massive damages:
    Still, as we previously pointed out, the sad fact is that big names in the tech ecosystem have not exactly come out swinging in support. CEO Simone told Inc. earlier this year that the fund had lost nearly all its partnerships aside from two, JPMorgan and Costco. Even Mastercard, who sponsored the now-contested Strivers Grant, has publicly never commented on the lawsuit.
    You hate to see it.  Wait, not hate.  The other one.


Tech News



Disclaimer: You fell victim to one of the classic blunders.  The most famous is never get involved in a land war in Asia.  But only slightly less well-known is never get between a tech weasel and a stack of cash.

Posted by: Pixy Misa at 05:26 PM | Comments (4) | Add Comment | Trackbacks (Suck)
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1 "Still, as we previously pointed out, the sad fact is that big names in the tech ecosystem have not exactly come out swinging in support."
Well, no kidding.  They're doing something that's illegal on the face of it.  I bet Tech Crunch hates the end of affirmative action in college admissions, too.

Posted by: Rick C at Wednesday, June 26 2024 11:38 PM (BMUHC)

2 "you know what to do."

Keep plugging along on my journey to transitioning to Linux?

Posted by: Rick C at Wednesday, June 26 2024 11:39 PM (BMUHC)

3 "Instead of going for one of their many XAML-based frameworks (WinUI 3, UWP, etc.), the tech giant decided to"

create a 16th competing standard?  (https://xkcd.com/927/)

Posted by: Rick C at Wednesday, June 26 2024 11:41 PM (BMUHC)

4 Suleyman:  hey, a great way to convert the population back to serfs would be to give them tools that keep them from learning to think for themselves or have skills!

Posted by: Rick C at Wednesday, June 26 2024 11:45 PM (BMUHC)

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Apple pies are delicious. But never mind apple pies. What colour is a green orange?




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