Latinas face the steepest drop in representation as they climb the corporate ladder, according to Lean In’s first-ever report on the state of Latinas in corporate America. Despite Latinas accounting for nearly 1 in 10 people in the US, they hold less than 1 in 20 entry-level corporate jobs and only 1 in 100 C-suite positions. Disparities in Advancement and Pay In 2023, white men’s representation increased by nearly two-thirds (64%) from entry-level to C-suite positions, while Latinas’ representation decreased by over three-quarters (78%). Latinas also experience the largest pay
Verzuz, the multimedia platform co-founded by Swizz Beatz and Timbaland, announced a new distribution deal with Elon Musk’s X (formerly Twitter). Episodes will stream for free exclusively on X, while VERZUZ maintains full ownership and creative control. VERZUZ comes to X This partnership follows Swizz Beatz and Timbaland’s reacquisition of VERZUZ from Triller after a lawsuit over $28 million in unpaid fees. Despite legal issues, the founders kept their equity in Triller and retained the artists who participated in VERZUZ. Swizz Beatz expressed excitement about the partnership: “We are beyond
MoviePass, a Black-owned movie-theater subscription service, has received an equity investment from Forecast Labs, a consumer venture group owned by Comcast. As first reported by Variety, this investment will help MoviePass attract new customers through targeted TV ads using Comcast’s media reach. The financial details were not disclosed. The company was recently the subject of the HBO series “MoviePass, MovieCrash.” The Rise, Fall, And Rise of MoviePass Launched in 2011 by Stacy Spikes and Hamet Watt, MoviePass allowed subscribers to buy one movie ticket daily for a monthly fee. Despite
Black N’ Out is a platform for Black LGBTQIA+ professionals in tech to connect, support, and uplift each other. Black people are already underrepresented in tech, making up only 8% of the workforce. For Black LGBTQ+ individuals, this exclusion is even more pronounced. However, Black N’ Out is on a mission to create a welcoming and inclusive space for Black LGBTQIA+ individuals in tech. The Story Of Black N’ Out Black N’ Out was founded in 2023 by Brandon Sidney and Ryan Wesley after the pair attended several tech conferences
In St. Louis, GreaterHealth Pharmacy & Wellness is the Black-owned pharmacy addressing the issue of pharmacy deserts, using inspiration from Walgreens and Amazon. Free Delivery and Telehealth Services Dr. Marcus Howard founded GreaterHealth Pharmacy & Wellness, which provides various services, including free delivery of medications, over-the-counter products, and fresh produce. The hybrid model mimics Amazon’s delivery efficiency and Walgreens’ pharmacy services. Additionally, the pharmacy offers telehealth services, such as medication education, health screenings, and coordination with other healthcare providers. This approach ensures that residents receive timely and convenient care from their
The Google for Startups Founders Fund is back for the fifth year and is funding 20 Black and Latine AI companies in the US. The fund first launched as part of Google’s $175 million commitment towards racial equity and to date has deployed more than $50 million dollars to more than 570 Black and Latine founders around the world. Google For Startups Founders Fund & AI As AI developments are on the rise, this year, Google has funded 20 US-based companies that are pushing the boundaries in AI. The companies
Fearless Fund’s co-founder, Ayana Parsons, has stepped down from her role as chief operating officer after five years against the venture capital firm. Parson stated that her resignation is unrelated to the ongoing lawsuit from Edward Blum’s conservative group. Fearless Fund Co-Founder Steps Down Parson, who co-founded the organization with Arian Simone and Keisha Knight Pulliam in 2019, served as the fund’s chief operating officer for nearly five years. In an official press release, Parson, who is also the co-founder of Yardstick, announced that she would be stepping down to
Every June, Pride Month celebrates LGBTQ+ communities worldwide and honors their contributions to society. It’s also a time to recognize the ongoing struggle for representation, equality, and acceptance. In the tech industry, the LGBTQ+ community is underrepresented, with only 11% identifying as LGBTQ+. A McKinsey and Co. report found that while Black people make up 12% of the US workforce, only 8% are in tech jobs, resulting in a relatively low number of Black LGBTQ+ individuals in tech. Despite these challenges, many Black LGBTQ+ people are paving the way for
Morehouse College is launching what is reportedly the world’s first fully spacial AI teaching assistants (TAs). After launching their Metaversity in 2021, Morehouse is taking the next step in technology-based learning. AI Teaching Assistants Muhsinah Morris, a senior assistant professor in education and metaversity director at Morehouse, pioneered the technology in Spring 2021 with faculty assistance. She will now teach a class this fall with a spatial 3D AI TA. Students can expect to receive support from the AI TAs, who will manage assessments and office hours, ensure 24/7 access,
Record labels including Sony Music Entertainment, Universal Music Group, and Warner Records are suing AI song-generators Suno and Udio for ‘mass copyright infringement’. The lawsuits allege that the music startups are exploiting the works of artists including Chuck Berry, Billie Holiday, and Michael Jackson. What Does Suno And Udio Do? Suno and Udio have garnered attention over the last few months for their music-generation capabilities. The platforms allow users to create complete songs using a single-word prompt, and most recently, they added new updates enabling you to upload your audio
