Black tech entrepreneur Bill Spruill reportedly turned his employees into millionaires when he sold his startup Global Data Consortium for an undisclosed amount. Global Data, which he launched make in 2012, makes software that verifies the identity of people behind online transactions, an important step in eliminating potential fraud. Though financial details have not yet been revealed, Spruill described the deal to Axios as a “Bronto-level transaction,” which was acquired by NetSuite for $200 million in 2015. When Spruill started the Global Data Consortium he only raised $5 million from investors – this is rather
Influencer marketing agency Fanbytes has been acquired by digital media agency Brainlabs for an undisclosed fee. The UK-based 65-strong business was launched by its chief executive Timothy Armoo, chief operating officer Ambrose Cooke and chief technology officer Mitchell Fasanya in 2017. Fanbytes now works with a client list that spans Samsung, Nike, Ubisoft, Mattel, Estée Lauder and H&M. The agency also formed a talent management business dubbed Bytesized Talent. Now, it represents some of the biggest creators in the UK like EmandLoz (fashion and entertainment), and Mr Tov (comedy, lifestyle
Norebase, the trade technology company building a single platform for businesses to start, scale and operate in any African country, has secured a $1M pre-seed funding round. The company is laser-focused on building two-pronged platforms that offer African and non-African businesses access to the African continent as one big market while creating a channel where African founders can access the international markets (such as the USA). Using Norebase, established companies can expand to new locations while new businesses can be incorporated in any African country of their choice in just a
Cummins is hiring on pocitjobs.com When speaking to ​​Kasturi Sahasrabuddhe, IT Project manager at Cummins – it’s clear that she’s finally happy where she is. Much like a lot of us – she’s tried and tested different careers from electronics engineering, Business analyst to an IT manager, and along the way she has learned dozens of skills that have helped her thrive in her current position. Sahasrabuddhe doesn’t shy away from speaking about her goals, including giving back to the younger generation and teaching others to remain their authentic selves.
A white teacher in Rochester, New York, is being investigated over allegations that he made Black students pick cotton and wear handcuffs during lessons about slavery, and now parents at the school, where half the students are Black, are calling for the teacher to be fired. According to the newspaper Democrat and Chronicle, two children in separate classes told their mothers a white teacher referred to himself as “massah” — a word for master historically used by enslaved Black people — and allowed white students to opt out of the tasks.
In the face of seemingly insurmountable challenges, the 300 visionaries featured on the 2022 Forbes 30 Under 30 Europe list have persevered, innovating and collectively raising more than $2 billion in funding for their ventures—more than double the amount raised by last year’s honorees. Aasiyah Abdulsalam, Ngoni Chikwenengere, Agnus Mwakatuma, Josephine Phillips, Malone Mukwende, and Nigel Matombo were just some of the Black people featured on this year’s list for their amazing work across tech, fashion and mental health. Aasiyah Abdulsalam Aasiyah Abdulsalam is the 26-year-old founder of The Renatural, a brand offering innovative products
Sojo, the British clothing alterations app, has been making strides for a while now but this time it’s hit a big milestone after raising $2.4 million in a pre-seed funding round led by CapitalT and Ascension, with Mustard Seed Maze and Vertex Albion Capital also in participation. Launched by 24-year-old Josephine Philips, the recent graduate first recognized a lack of easy and accessible clothing repairs after she became a top seller on Depop in 2018, buying and selling one-off vintage garments. To fix the issue, Philips launched Sojo, an app
OnePort 365, a platform that claims to solve problems by providing end-to-end digitization of freight management for stakeholders, is building an operating system for cross-border trade in Africa. It says its platform covers air freight, ocean freight, inland haulage (trucking, barge, and rail), pay-as-you-go warehousing, marine insurance, and customs brokerage. Traders can connect with shipping and inland transportation vendors and manage the entire process (from booking to payments), including real-time visibility of their shipments. When it comes to payments, OnePort 365 claims to aggregate different methods enabled by the Pan-African
A federal judge said last week that Tesla Inc was liable to a Black elevator operator who said the electric car company ignored racial abuse at the factory where he worked but the judge has now reduced a nearly $137 million jury award to $15 million. William Orrick, US District Judge in San Francisco, ruled after jurors found that Tesla subjected Owen Diaz to a hostile environment at Tesla’s factory in Fremont, California by allowing and failing to stop the racism he faced. Diaz, first hired through a recruitment agency, worked
Madona is an Android Engineer III at Streem-Frontdoor, a Women Who Code Mobile Lead, and a developer who enjoys sharing her Android knowledge and teaching women how to make Android applications. “As an Android Engineer, I work on implementing new features that transform the ARCore experience into the Streem SDK. Also, work on fixing reported bugs from clients, analyze, optimize, and improve the codebase,” she wrote on her Linkedin, adding, “I Work closely with iOS and back-end engineers to discuss implementation detail and architecture.” Why did you decide to join
