All posts by

Samara Linton

Ghanaian fintech startup Dash is reportedly closing its doors following a tumultuous journey filled with accusations of financial misconduct. According to WeeTracker, Dash held a company-wide meeting on October 3, during which the news of impending layoffs and the closure of the company was delivered to its employees. The innovative startup, which offered an alternative payment network, had raised over $85 million in under five years from major investors. Early success Founded in 2019 by Prince Boakye Boampong, Dash initially made significant strides in the fintech sector. Boampong was a

Elon Musk’s aerospace manufacturing company, SpaceX, is facing a class action lawsuit for alleged wage discrimination based on gender and race. The lawsuit, filed on Tuesday in Los Angeles Superior Court, alleges that SpaceX systematically pays its women and minority employees less than their white male counterparts for equivalent job roles. Same work, different pay Ashley Foltz, a propulsion engineer at SpaceX, joined the company in September 2022. She was hired at a salary of $92,000, while her white male counterparts with similar or less experience were offered as much

A Florida State University researcher has been awarded the largest National Science Foundation (NSF) career grant in the university’s history.  The award is one of the NSF’s most prestigious, designed to support early-career faculty who showcase outstanding scholarship through their research and contributions to education. Dr Yolanda Rankin Yolanda Rankin, an associate professor in the School of Information, was awarded a five-year $1.5 million grant to support her research on Black women’s careers in computing. Her approach prioritizes understanding and valuing the perspectives of Black women. Her work delves into

The Court of Justice of the European Union (CJEU) has upheld the decision to restrict public access to information about the use of artificial intelligence (AI) lie detectors at EU borders. This ruling has sparked concerns among civil rights groups, shedding light on the limitations of the EU’s AI Act in safeguarding the rights of migrants and refugees. The Act is set to become the world’s first comprehensive AI law. AI-Powered Lie Detectors at EU Borders At the center of this controversy lies iBorderCtrl, an emotion recognition pilot project aimed

The economic influence of Latine and Hispanic communities is on the rise. Nearly 5 million businesses in the US are Latine or Hispanic-owned, contributing over $800 billion annually to the nation’s economy. Latine and Hispanic communities are not just big contributors; they’re also big spenders. According to Nielson, their buying power surpasses the GDP of countries like Australia, Mexico, and Spain. So, this Hispanic Heritage Month, we’re spotlighting the online directories that help consumers connect with these Latine and Hispanic businesses nationwide. 1. Shop Latinx Shop Latinx, founded by Brittany

Tools like ChatGPT, WordPress, and React have made creating a website easier than ever, opening the doors of web design to a broader audience. However, this democratization of web design has presented opportunities and challenges, particularly for those who have long relied on it for their livelihood. In South Africa, where web design was once a lucrative profession, AI-powered web design tools bring promise and uncertainty to professionals in the field, Rest of the World reports. An oversaturated market In 2018, web designers in South Africa could earn an average

Walgreens Boots Alliance has announced the departure of its CEO, Rosalind Brewer. According to Bloomberg, Brewer was the sole remaining Black female CEO of an S&P 500 company; the last Black woman to lead an S&P 500 company was Ursula Burns, who left Xerox in 2016. Like many retailers, Walgreens faced challenges this year as the demand for COVID-19 testing and vaccines declined, and retail sales experienced a slowdown. Brewer’s departure is part of the company’s transition into a healthcare company instead of a drugstore. According to CNBC, shares of

Black-led venture capital firm Growth Warrior Capital is launching Elevo, an AI-powered pitch deck generator to help founders secure funding for their startups. Investing in overlooked founders Elevo is the brainchild of Promise Phelon, the founder and managing partner of Growth Warrior Capital. An experienced entrepreneur, Phelon’s track record includes raising $100 million in capital, transforming companies, and successfully navigating exits and acquisitions. Phelon’s early-stage venture capital firm, invests in “dangerous” startups led by traditionally overlooked founders that have the potential to “fundamentally change the way we work, earn, and

Black women continue to earn less than their white male counterparts in every state, new research by the Institute for Women’s Policy Research (IWPR) has revealed. Moreover, at the current rate of progress, Black women won’t reach pay equity with white men until 2144. Nationally, Black women earn just 63.7 cents for every dollar earned by white men – a striking difference of $20,702 in just one year. Among full-time year-round workers, the gap was slightly smaller at 67.2 cents on the dollar. “The gender wage gap is a national

Pryce Adade Yebesi is the 23-year-old co-founder and COO of Utopia Labs, a startup on a mission to bridge the gap between crypto and traditional payment systems, and ultimately, create a new internet economy. Recently, Utopia Labs raised an impressive $23 million, making Yebesi one of the youngest Black founders to achieve such a milestone. Driving the adoption of crypto payments Utopia Labs’ founders Pryce Adade Yebesi, Kaito Cunningham, Jason Chong, and Alexander Wu first met on Discord and Twitter. The quad was brought together by an interest in Decentralized

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