VC firm Fearless Fund has faced another setback in its plans to issue grants to Black women business owners as the court has ruled against them. On Monday, an appeals court for the 11th Circuit ruled against Fearless, upholding a preliminary injunction against their Strivers Grant program. The court ruling said that the grant likely violates the Civil Rights Act of 1886, which bans the use of race in contracts. What Has Happened So Far? The American Alliance for Equal Rights (AAER), founded by Edward Blum, attacked the Fearless Fund
Brand new Techish! In this mini episode, hosts Michael and Abadesi talk all things money! • How to be a savvy saver• Why investing matters• Financial red flags, and more! Listen on Spotify or Apple podcast also. Watch On YouTube Extra reading: I Will Teach You To Be Rich by Ramit Sethi [Amazon] Unshakeable: Your Guide to Financial Freedom by Tony Robbins [Amazon] The Money Ladder: A 3-step guide to make and grow your wealth by Franklin Asante aka @urbanfinancier (UK-centric) [Amazon] Disclaimer: The information provided in this podcast episode represents the personal opinions
There is an alarming rise in disinformation in the media for Black Americans as the elections approach, according to a recent survey. Survey Highlights Disparities In Media Consumption And Misinformation A public opinion poll commissioned by Free Press BSP Research and the African American Research Collaborative surveyed 3,000 people in the US. The findings reveal that Black and Latino Americans are more likely to access news on platforms like Facebook and YouTube compared to their white and Asian American counterparts. This group is also more engaged with social media content,
University of South Carolina Gamecocks player Raven Johnson has secured a name, image, and likeness (NIL) deal with Black beauty tech company Parfait. Parfait, powered by AI and facial recognition technology, aims to provide custom wig products that address two major issues: AI biases in tech and the fragmented wig-buying process for millions of Black and brown women. Founded by four women, the company has developed an algorithm to change tech interactions with communities of color. Leading New Standards For Female Athletes According to Andscape, Isoken Igbinedion, co-founder and CEO
Since early May, the Brazilian state of Rio Grande do Sul has experienced devastating floods due to torrential rain which also lead to AI-generated misinformation. At one point, the region saw four months’ worth of rainfall in just three days. This catastrophe has left over half a million people displaced and much of the state capital still submerged weeks later. It is the worst flooding disaster in Brazil’s history, with the ongoing rainy season likely prolonging the situation. AI-Generated Misinformation Spreads Amid Crisis Amid the chaos, misinformation has flourished with
Uncle Nearest is the fastest-growing American whiskey brand in history, driving a business worth $1.1 billion, according to Forbes and ISWR data. Uncle Nearest Black woman-owned distillery Uncle Nearest Premium Whiskey was launched in 2016 by Fawn Weaver and quickly ascended to global recognition. The company’s rise is a tribute to Nearest Green, the first-known African American master distiller who taught Jack Daniel the secrets of distilling. Expanding its presence to over 30,000 stores, bars, hotels, and restaurants across 12 countries, the business also has a 432-acre distillery in Shelbyville,
Sponsored by Karat Brilliant Black Minds. I’ve been to a lot of conferences in my 22+ year career as a software engineer and career coach, but it took a bit of experience to figure out which ones were good for me and how to get an outsized return on my investment. When done right, the best conferences are where you can learn cutting-edge skills, make connections that can change your career, and find incredible new opportunities. Here’s how to make the most of them. Why go to tech conferences? We
The Senate is considering a bipartisan bill to establish Black Wall Street as a national monument. Senators James Lankford (R-OK) and Cory Booker (D-NJ) introduced Senate Bill 3543 to create the Historic Greenwood District—Black Wall Street National Monument. This initiative aims to honor the legacy of Tulsa’s Historic African American Business District and commemorate the 1921 Tulsa Race Massacre. Honoring Black Wall Street’s Legacy In 1921, white mobs attacked and destroyed Black Wall Street, a thriving Black neighborhood in Tulsa, Oklahoma. Originally, the state recorded 36 deaths, but a 2001 state commission reported that
Brand new Techish! Hosts Abadesi and Michael dive into: Starbucks and Apple are in their flop era Women on Bumble no longer have to make the first move Bank of America employees to strike following death from overwork The decline of the UK Listen on Spotify or Apple podcast also. Watch On YouTube
Donna Summer’s estate has reached a settlement with Kanye “Ye” West and Ty Dolla $ign over claims that they unlawfully used Summer’s classic hit “I Feel Love.” According to Rolling Stone, the settlement comes after the estate accused the artists of “blatant theft” in their song “Good (Don’t Die)” from the album Vultures 1. Legal Battle and Settlement The lawsuit, filed in February by Summer’s estate, alleged that West and Ty Dolla $ign, whose legal name is Tyrone Griffin Jr., copied significant portions of Summer’s iconic track without permission. The legal complaint detailed
