Yesterday, we learned that Kimberly Bryant, the founder of Black Girls Code, had been removed from leading the nonprofit. In fact, she allegedly learned that she had been pushed out of her company after she lost access to her computer and email account. In a statement, its board said it’s currently investigating allegations of “workplace impropriety,” but Bryant remains a staff member. Not many news outlets were covering the situation, and we came to this shocking revelation from a series of tweets that Bryant tweeted out herself. She wrote: “Press
Alhaji M. Sow, an 18-year-old sophomore studying aeronautical science at the Florida Institute of Technology (FIT), was shot and killed during a confrontation with officers on December 3. Now his family is reportedly questioning the use of force on their son. Here’s a breakdown of what we know so far: Around 10 p.m. on Friday, December 3, Melbourne police reported officers were called to the campus after news of the sophomore brandishing a knife and allegedly assaulting students with it. Authorities report Florida tech campus security confronted Sow inside the Roberts Hall, where investigators say he refused
A new report has found that the number of S&P 500 seats held by Black women has increased by more than 25% this year, following a 16% gain in 2020. The report conducted by the ISS Corporate Solutions, the data and analytics provider that advises companies on corporate governance matters, also found that the increase for Black women is twice the rate for women overall. Despite this, they still only hold 4% of S&P 500 board seats, the data shows. In November, Etsy Inc., Caesars Entertainment Inc., and HP Inc. were among companies adding Black
Black Girls Code founder Kimberly Bryant has been removed from leading the nonprofit. In a statement, its board said it’s currently investigating allegations of “workplace impropriety,” but Bryant still remains a staff member. In a tweet published on Tuesday, the tech leader said: “Press release: so it’s 3 days before Christmas and you wake up to discover the organization YOU created and built from the ground up has been taken away by a rogue board with no notification.” Many have rushed to her support with some people asking how they
Paylend, a Kenyan fintech startup focused on providing access to finance and digitizing MSMEs in Kenya, announced it has raised $2 million seed investment. The funding came from Next Chymia Consulting HK Limited, an Asian-based company that provides global entities with blockchain applications, consultancy services, and training. Paylend’s mission is to support MSMEs across Africa to solve access to continuous capital while bridging the consumer data gap by connecting consumers to products and services. Paylend’s model enables consumer data collection that allows for a thorough understanding of consumer needs and
The technology industry has long been criticized for overlooking Black and Latino founders, but it seems that since George Floyd’s death some companies and investors have taken action. Black and Hispanic tech startup funding ticked up in Florida and Georgia this year, following an influx of investors jumping on the bandwagon of supporting diverse communities. Data from Crunchbase compiled for Reuters showed startups with a Black or Hispanic founder got 3.5% of the record $311 billion U.S. venture funding in the year to Dec. 16, up from an average of 2.5%
You should probably know what NFTs are by now since these three-letter words have been floating around our headlines, Twitter timelines, and TV screens for the past few weeks now. But for those of you who are behind on this latest trend – we’ll let you off and give you a little reminder. What is an NFT? NFT means a Non-fungible token. The best explanation I’ve seen for it is “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX)has secured $31 million in Series B funding. The latest funding round was led by the global private equity platform, Lightrock, making its first investment in the African mobility space. Through their Digital Africa initiative, the UAE-based international venture capital firm Global Ventures also took part in the round, as did existing investors Novastar Ventures and Proparco, the French development finance institution. MAX currently designs and assembles its line of electric motorcycles. The firm says, “beyond solving the mobility challenges in Africa, we
Adventr — an interactive streaming platform — is set to take over the tech sector with its patented voice-control technology. The Black owned startup firm, owned by Devo Harris, a Grammy-award-winning producer, just secured a $5M round. It was led by Paladin Capital, a leading global investor that has an extensive portfolio of revolutionary cyber companies. Fellow investors included Reinventure Capital, In/Visible Ventures, Lightspeed Venture Partners, and Harris’ longtime business collaborator and Grammy-award-winning artist John Legend and Karen Jaw-Madsen. The funding will go toward Adventr’s technology team and marketing to
According to a new study conducted by Thoughtworks, there are fewer opportunities for people from under-represented groups in the UK’s tech sector to hold leadership positions. The firm found – through its research – that out of 300,000 ethnic minorities in the UK in 2020, only 37% were in “positions of responsibility”, compared with 41% of their white counterparts. IT workers from ethnic minorities were also twice as likely to be in non-permanent positions than white workers. Amy Lynch, head of diversity, equity, and inclusion (DEI) at Thoughtworks UK, said:
