MM, a dating app that merges technology with real-life experiences, has raised £600K ($750K) in seed funding. The Dating App MM MM, launched in 2019, is a dating and events technology app merging AI with real-life events designed to help singles connect both in the app and in person. The company hosts events and experiences tailored for members to meet and network in person while doing the things they enjoy. MM is available to and has members from all races and genders but considers key cultural nuances within African, Caribbean,
Neon Money Club has partnered with American Express (Amex) to launch the Neon Money Club Cream American Express Card, making it the first Black-owned company to establish an American Express Card. Neon Money Club, co-founded by Luke Bailey and Jackie Liao, is an invite-only money club that aims to create an environment that allows users to become financially empowered while bypassing hurdles often faced. Members get access to invest in the US stock market, hyper-relevant financial content, and now their new Cream Card. The Cream Card Neon Money Club designed
The representation of women and racial and ethnic minority groups has increased at all levels over the past five years at Microsoft, a report found. Microsoft has released its fifth annual Diversity and Inclusion Report. Microsoft described itself as more diverse today than ever before, stating that the data clearly shows they are driving a positive change. “Our commitment to diversity and inclusion is essential to Microsoft’s mission,” said Satya Nadella, Chairman and Chief Executive Officer at Microsoft, in the report. “We remain focused on increasing representation and strengthening our
Over 7 in 10 (72%) UK women in tech roles have experienced at least one form of sexism at work, with three in four Black women and minoritized women also reporting workplace racism. The findings come from a new report, System Update: Addressing the Gender Gap in Tech, by the Fawcett Society and sponsored by Virgin Media O2. The researchers surveyed 1438 people, including men and women, and had in-depth conversations with 21 women who currently work in a tech role, have left tech, or work outside of tech. Three
Nex Cubed has announced a partnership with nonprofit HBCU.vc to support founders from Historically Black Colleges and Universities (HBCUs) and train the next generation of Black venture capitalists (VCs). Nex Cubed is a pre-seed venture accelerator on a mission to invest in and uplift underrepresented founders and underserved communities. They recently announced the launch of a $40 million HBCU Founders Fund aimed to boost startups led by at least one founder who is a HBCU student, alumnus, or faculty. This week, they announced the partnership with HBCU.vc – a nonprofit
A former Black worker at AT&T, Stacey Fowler, has filed a lawsuit against the telecommunications company, alleging she was fired for reporting a racist threat she received. The complaint accuses the company’s Midwest division and Ohio Bell Telephone Company, an AT&T subsidiary, of “abhorrent and shocking conduct.” The Racist Threat According to The Daily Beast, Fowler, a Black woman, was the most senior person after working over 30 years in AT&T’s Ohio office at the time of her firing. She told the news site that the company was due to
Black women have long contributed to British history, culture, and life, but, like their American sisters, they do so in the face of racism and sexism. Black women’s experiences of microaggressions and discrimination mean they are more likely to experience mental health disorders than white women. They also have negative experiences of mental health care. Their treatment often involves law enforcement for Black women, with fewer opportunities for talking therapies. Black women are also over four times more likely to be involuntarily detained compared to other racial groups in Britain.
Chief Diversity Officers (CDOs) are nervous their efforts for Diversity, Equity, and Inclusion (DEI) may be diminished or eradicated, leaving them with a more cautious approach, a new study reveals. Political and Legal Challenges to Workplace DEI A new Seramount study, “Keeping DEI Strong in Volatile Times,” highlights the impact of political and legal challenges to DEI in the workplace. Seramount is a workplace research firm serving over half of Fortune 100 companies. Following the killing of George Floyd, companies set pledges to prioritize DEI. Between June and August 2020,
The Warner Music Group and Blavatnik Family Foundation Social Justice Fund has announced its first set of SJF Repertoire Fund grantee partners in the UK and Ireland. Among the grantees is Generating Genius Black Women Into Tech, a UK-based program supporting Black women studying computer science, mathematics, physics, or engineering subjects interested in pursuing a tech career. The SJF Repertoire Fund The SJF is a $100 million fund established in June 2020 in the wake of George Floyd’s murder. It invests in organizations around the globe that build more just
Return to office (RTO) rewards could cause further exclusion for marginalized and underrepresented groups, a new KPMG survey has found. Return to office rewards KPMG’s 2023 CEO Outlook report included more than 1,300 global CEOs sharing their views on geopolitics, RTO, and AI. The report found that the majority of CEOs (64%) are anticipating a full RTO in three years, with 9 in 10 (87%) saying they are likely to reward employees who make an effort to come into the office. The rewards would include favorable assignments, raises, or promotions.
