NAACP announced today NAACP Capital, a $200 million fund supporting fund managers focused on issues impacting people of color.

The fund was established in partnership with Kapor Capital and Kapor Center, in addition to nine other enterprise fund managers. Last 12 months, Crunchbase found that Black founders raised lower than 1% of all enterprise capital funding, and the group raised 0.3% in the primary half of this 12 months.

A fund of funds is when an investor invests in multiple enterprise capital funds, fairly than making individual investments in funds and even startups. This is a well-liked way for an influential investor to get probably the most out of their money. Kapor is a VC firm that has at all times been focused on investing in racial justice. But other big names have taken an identical approach. For example, Melinda Gates’ Pivotal Ventures invests in women-led funds in addition to directly in startups.

McDonald’s ice cream machines have a nasty status for breaking down when you’re on the restaurant, largely due to strict copyright laws that only allow specially licensed technicians to legally repair them. Manufacturers must license each technician and place locks on McFlurry machines to prevent others from repairing them.

However, 404 Media noted a new federal ruling Friday stating that technicians can legally bypass locks installed by machine maker McFlurry. This means more technicians will be able to repair McDonald’s ice cream machines, which is widely seen as a victory for the correct to repair community.

iFixit, which publishes manuals for the technical repair community, posted: McFlurry machines crash last yr by showing how to bypass these roadblocks using an easy device that McDonald’s had previously asked franchise owners not to use. Now franchise owners can use them freely.

Elon Musk occasionally posts clips of his video games on his social media platform X, but the newest clip includes background audio of a SpaceX engineer telling Musk how the newest Starship flight test was “one second” from aborting. Clippublished on Friday, was caught by Reuters’ Joey Roulette on the X shownevertheless it is unclear whether the conversation between Musk and Starship engineers took place on the identical day.

“I want to be honest about the terrible things that happened,” an anonymous engineer said, apparently while Musk was playing Diablo IV. He went on to clarify that the misconfigured component didn’t have adequate “acceleration time to increase the spin pressure” within the amplifier.

“We were a second away from tripping and ordering the rocket to stop working and try to hit the ground next to the tower,” says the engineer.

“Wow,” Musk says in response. “Yes.”

The same engineer added that just before starting the engine in the course of the booster’s descent to Earth, the duvet on the booster skin broke off, apparently in an area that had been spot welded. “We wouldn’t have predicted the exact location, but the detached cowling was located just above several single-point emergency valves that must trip in the event of a landing burn. Fortunately, none of them or the harness were damaged, but we did rip that windshield off some really critical equipment as the landing burn was starting. We have a plan to deal with this.”

Musk was briefed on Starship’s fifth integrated test flight, called IFT-5, which took place on October 13. SpaceX has set itself essentially the most ambitious mission goals for this test, including: returning the super-heavy booster to the launch site and catching it using a pair of large baton-shaped arms extending from the launch tower.

The company managed to do that and consequently, it made history. The full context of the conversation is unclear since the clip sent to X is barely about three minutes long, nevertheless it shows that even a seemingly flawless rocket launch (and on this case, the landing of booster rockets) can come perilously near disaster. And that after each test, SpaceX receives a “final payload,” because the engineer put it, of post-flight data that forms the idea for future tests.

“We’re trying to strike a reasonable balance between speed and risk with the booster” before the following flight attempt, the engineer said. Engineers note that this shall be Starship’s first test flight, a schedule for which is just not set by the FAA. While SpaceX has typically been ahead of the regulator in terms of launch readiness in comparison with the FAA’s launch license approval schedule, the FAA actually gave approval to IFT-5 and IFT-6 at the identical time.