R&B artist Brent Faiyaz and his business partner Ty Baisden have invested more than $100,000 in Black women-led STEM companies, according to Billboard. Investing Music Profits Into Black Women-Led Businesses Under their Lost Kids label, Faiyaz and Baisden operate a 50/50 business partnership that reinvests profits from Faiyaz’s music career into various ventures. Their primary focus is on Black women-led businesses, particularly in the STEM fields. “Those projects and his tours are the financial seeds for Brent and me to go out and make individual investments,” said Baisden. The duo’s
TikTok has initiated significant global layoffs that have now impacted its African team, according to Tech Cabal. This move, part of broader organizational changes, saw several employees in Africa lose their jobs in June 2024, following earlier cuts in March. These layoffs have notably affected teams working in content operations, marketing, and trust and safety. African Team Severely Affected The layoffs in Africa have been particularly harsh, with more than half of the African team based in South Africa and Nigeria, being let go. Although the exact number of employees
Score, a dating app designed for singles with good to excellent credit scores, has officially shut down after six months in operation. Score’s Limited Run Black-owned financial literacy startup Neon Money Club launched Score last February as a 90-day pop-up to start a broader conversation about financial health and dating, However, unexpectedly high user interest led the founders to extend its service. During its brief existence, Score managed to attract approximately 18,000 users and was responsible for about 8,000 matches. Despite these numbers, the app’s creators, Luke Bailey and Jackie
August is National Black Business Month, a time to honor and support the economic contributions of Black entrepreneurs. As we acknowledge the role these businesses play we have highlighted platforms that make it easier for consumers to discover and support Black-owned businesses. Here are some of the top Black business marketplaces and directories you should know about. WeBuyBlack WeBuyBlack is the largest online marketplace for Black-owned businesses, offering a wide range of products from clothing to home essentials. Founded by Sharif Rasheed, this platform is often referred to as the
Myavana, a pioneering Black-led haircare technology company, has successfully raised $5.9 million in a recent funding round, bringing its valuation to $50 million, according to Forbes. The Atlanta-based startup uses AI to offer personalized haircare solutions, focusing primarily on the needs of Black women. Pioneering AI in Haircare Myavana is the brainchild of computer scientist Candace Mitchell. Mitchell founded the company in 2012 with the aim of revolutionizing personal and professional textured hair care through data-driven science and technology. With a deep understanding of the unique hair challenges of women
On July 19, NASA honored Vivian Ayers Allen, 101, the mother of actors Debbie Allen and Phylicia Rashad, for her contributions to the Apollo 11 mission. The ceremony, held at the Lyndon B. Johnson Space Center in Houston, celebrated the women who played crucial roles in the success of the historic moon landing in 1969. The building was renamed the “Dorothy Vaughan Center in Honor of Women of Apollo,” acknowledging the legacy of these pioneering women. A Legacy of Excellence and Perseverance Ayers Allen, a Pulitzer Prize-nominated poet, activist, and
Google has withdrawn its Olympics ad for the AI chatbot Gemini, titled “Dear Sydney,” following backlash over its portrayal of AI in crafting a child’s letter to her favorite athlete. Controversial Ad Sparks Outrage The “Dear Sydney” commercial features a young girl’s father using Google’s AI chatbot, Gemini, to help write a letter to U.S. hurdler and sprinter Sydney McLaughlin-Levrone. The ad, which includes a scene of the AI-generated letter and concludes with the child running on a track, aimed to demonstrate Gemini’s potential as a supportive tool in creative
Brand new Techish! This week, hosts Michael and Abadesi break down: The end of corporate honesty (00:00:10) Testing job candidates using AI (00:09:50) Twitter bots, “delve”, and OnlyFans (00:13:15) How to master sales (00:18:45) TV shows aren’t making money any more (00:20:48) Watch On YouTube Extra Reading & Resources Forget radical honesty — Big Tech revisits its corporate culture [Financial Times] B2B Sales Masterclass for Female Founders with Abadesi – August 6, 2024
Forbes has unveiled its annual 50 over 50 list, highlighting dynamic female leaders and entrepreneurs who have achieved significant success later in life. Let’s meet some Black women over 50 making moves in tech and proving that success has no age limit. Carlotta Berry – Founder of NoireSTEMinist Berry, 54, a robotics expert and engineering professor at the Rose-Hulman Institute of Technology, founded NoireSTEMinist in 2020. The educational consulting firm promotes diversity in STEM through workshops and products. Berry also co-founded the Rose Building Undergraduate Diversity (ROSE-BUD) program, co-directs a
Former CNN journalist Don Lemon has filed a lawsuit against Elon Musk and X (formerly known as Twitter), accusing them of fraud, negligent misrepresentation, and breach of contract. The lawsuit, filed on August 1 in the Superior Court of California for the County of San Francisco, follows the abrupt cancellation of a content partnership deal between Lemon and X. Allegations of Fraud and Breach of Contract According to the lawsuit, Musk and X agreed to a content partnership with Lemon in January 2024, where Lemon was to host an exclusive
