Félix Pago, a fast-growing fintech startup, has recently raised $15.5 million in a Series A funding round to enhance its services across Latin America and the US, according to TechCrunch. Revolutionizing Remittances With WhatsApp Félix Pago’s approach leverages WhatsApp as its main interface, with a chatbot that makes it simple to send and receive cross-border money transfers, even with a voice message. This choice is strategic, given WhatsApp’s extensive regional user base. Users in the US initiate transactions via the WhatsApp chatbot, completing the final step by securely entering debit
Meta recently announced the formation of an AI advisory council, made up entirely of white men, sparking backlash amid the discourse around diversity and inclusion in the tech industry. The Composition And Role Of The AI Council This AI advisory council is distinct from Meta’s board of directors and its Oversight Board, which have more diverse gender and racial representation. Unlike these bodies, the AI council was not elected by shareholders and held no fiduciary duty. Meta told Bloomberg that the council would provide “insights and recommendations on technological advancements,
A Virginia tech firm has agreed to pay more than $38,000 in penalties for posting a job advertisement that only sought white, US-born applicants. “Only Born US Citizens [White]” IT services firm Arthur Grand Technologies was scrutinized for a job advertisement requesting only white candidates apply. The company posted a job advertisement for a Business Analyst on Indeed. However, the now-deleted ad included a note stating: “Only Born US Citizens [White] who are local within 60 miles from Dallas, TX [Don’t share with candidates]. The client was listed as IT
NBA legend Dwyane Wade is leveraging his influence through an online community dedicated to transgender youth and their families. On Thursday, Wade received the Elevate Prize Catalyst Award at The Elevate Prize Foundation’s Make Good Famous Summit in South Florida, which comes with $250,000 in unrestricted funding. Wade received the award in recognition of his advocacy for the transgender community and his work with the Wade Family Foundation. Following his acceptance of the award, Wade announced the launch of Translatable. Translatable: A Safe Space For Transgender Youth Translatable, funded by
OpenAI’s ChatGPT chatbot shows racial bias when advising home buyers and renters, Massachusetts Institute of Technology (MIT) research has found. Today’s housing policies are shaped by a long history of discrimination from the government, banks, and private citizens. This history has created racial disparities in credit scores, access to mortgages and rentals, eviction rates, and persistent segregation in US cities. If widely used for housing recommendations, AI models that demonstrate racial bias could potentially worsen residential segregation in these cities. Racially biased housing advice Researcher Eric Liu from MIT examined
Brand new Techish! Hosts Abadesi and Michael dive into: Weaponized incompetence harms DEI Reflections on getting older Companies outsourcing jobs overseas Tips for new B2B founders Listen on Spotify or Apple podcast also. Watch On YouTube
Florida A&M University (FAMU) will expand its academic offerings with the addition of new graduate degrees in aerospace engineering beginning in fall 2025. This move, as reported by the Tallahassee Democrat, includes a master’s and a PhD program through the FAMU’s joint college with Florida State University (FSU). The FAMU-FSU College of Engineering The FAMU-FSU College of Engineering, situated in Innovation Park, is the only shared engineering school in the nation. Currently, it offers an Aerodynamics Certificate through an online graduate certificate program. The introduction of the aerospace engineering graduate
In celebration of AAPI Heritage Month, it’s essential to recognize and honor the incredible contributions of Asian American and Pacific Islander (AAPI) women in the tech industry. Their stories of resilience, creativity, and leadership inspire and underscore the vital role of diversity in fostering technological advancement. During this special month, we have highlighted the achievements of some of these trailblazers, celebrated their contributions, and explored how they are paving the way for future generations. Reshma Saujani – Girls Who Code And Moms First Reshma Saujani is a leading activist and the
Black-led venture capital firm Harlem Capital is raising a $150 million fund, according to documents filed with the SEC. Harlem Capital, founded in 2015 by Henri Pierre-Jacques and Jarrid Tingle, aims to change the face of entrepreneurship by investing in 1,000 diverse founders. Harlem Capital’s Funds To Date The new fund, if raised, will be the firm’s third and most significant to date after raising $134 million in 2021 and $40 million in 2019. Its second fund focused on early-stage post-product companies from all sectors but a particular focus on consumer and enterprise tech.
Google has announced the construction of Umoja, the first-ever fiber optic cable to link Africa with Australia directly. This initiative, named after the Swahili word for “unity,” aims to boost the reliability and reach of digital infrastructure across the continents. The Umoja cable The Umoja cable will begin in Kenya and traverse Uganda, Rwanda, the Democratic Republic of the Congo, Zambia, Zimbabwe, and South Africa, including the Google Cloud region, before crossing the Indian Ocean to Australia. According to Google’s press release, the terrestrial segment of the route has already been completed in collaboration with Liquid
