The Congressional Black Caucus (CBC) joins the list of Black leaders pushing for corporate accountability. Chairwoman Yvette D. Clarke and members of the Congressional Black Caucus’s Diversity, Equity, and Inclusion Task Force met with Target CEO Brian Cornell to discuss the company’s rollback of its DEI efforts, according to a press release. In January, the retailer announced that it would end its three-year DEI goals, conclude its Racial Equity Action and Change (REACH) initiatives by 2025, and discontinue a program focused on carrying more products from Black— or minority-owned businesses. Congressional
Tennis star Coco Gauff is building on her partnership with UPS by teaming up with entrepreneur Emma Grede to advise small-business owners. Gauff became a UPS brand partner in 2023. The new campaign, titled “Unlocking Potential,” leads with Grede mentoring three upcoming entrepreneurs — Classy Casita, Petrova Chocolates, and Anima Iris. Grede and Gauff supporting small-business owners The campaign, created by The Martin Agency, begins with an anime-inspired spot featuring the 20-year-old phenom announcing her collaboration with Grede. Then, Grede will meet with the entrepreneurs to offer advice and mentorship.
Museums in the West tend to have one thing in common: displaying artifacts from countries that aren’t theirs. Now you can virtually reclaim these artifacts. At the Summer Game Fest in Los Angeles, Nyamakop game studio recently announced the launch of its latest project, Relooted, a side-scrolling puzzle platformer where users can join a group of thieves who reclaim stolen artifacts from Western museums and return them to their respective countries of origin. How do you play Relooted? The game is set in an African Futurism-inspired 21st century, during a time
Serena Williams has joined an initiative created by Reckitt to support up to 200 health and hygiene start-ups founded by women and under-represented entrepreneurs. The initiative, called Reckitt Catalyst, is a five-year commitment with up to £10 million ($13.7 million) to provide entrepreneurs with funding, mentorship, and expertise from Reckitt leaders and Serena Williams. Since 2020, the company has helped 60 entrepreneurs across 13 countries, allowing business owners to unlock access to health, clean water, and sanitation for one million people, as stated in a press release. What is Reckitt
Venture capital firm Collab Capital has closed a $75 million Fund II, with backing from Apple, Goldman Sachs Asset Management, and The Leon Levine Foundation. The fund will focus on Seed and Series A investments, supporting founders who, as Collab puts it, are “best equipped to solve real-world, consequential problems through unique market expertise and lived experience.” Using Fund II to sharpen its investment model Collab Capital was founded by Barry Givens, Justin Dawkins, and Jewel Burks Solomon, who gained Silicon Valley prominence as the first head of Google for
Movable Ink is hiring on pocitjobs.com At Movable Ink, innovation is powered by people like Michael Green Jr., who brings creativity and technical expertise together in unique ways. As Director of Data Science for AI Insights, Michael helps teams and clients understand how their AI models work, turning complex data into clear, actionable insights. He’s also a fantasy novelist and entrepreneur, building a career that reflects both his analytical mind and creative spirit. He told POCIT how his passion for writing sharpens his approach to data science and how Movable
Renowned producer Timbaland has launched his own AI entertainment company, Stage Zero, with its first artist, TaTa. The company was co-founded with his creative partner, Zayd Portillo, and film producer Rocky Mudaliar, according to Rolling Stone. Timbaland will handle most of the production for this new artificial intelligence venture, calling the new genre “A-Pop.” “I’m not just producing tracks anymore,” Timbaland said in a statement. “I’m producing systems, stories, and stars from scratch. [TaTa] is not an avatar. She is not a character. TaTa is a living, learning, autonomous music
Rhode was recently acquired by e.l.f. fr $800 million, with the potential for an additional $200 million payout based on the brand’s future growth over the next three years, as reported by Forbes. Perhaps less well known, but essential to Rhode’s success, is longtime cosmetic chemist and BeautyStat founder Ron Robinson. Ron Robinson’s career With 30 years in the beauty industry, Robinson played a part in leading Rhode to success. Beauty Matter reported that his career began at Adelphi University, where he studied biology and chemistry, with the intention of
Melissa Butler, founder and CEO of The Lip Bar, shared that sales have declined by 30% since the boycott of Target began earlier this year. The boycott is in response to Target’s decision to roll back its DEI efforts, which include a commitment to increasing Black representation by 20% and a program to feature more products by Black- and minority-owned businesses. Butler is now calling on consumers to support Black-owned businesses through other channels, including buying from them directly. The Lip Bar’s sales declining In a video posted on social media,
Zeal Capital Partners has closed its second fund at $82 million, tripling its assets under management (AUM) to $186 million in just five years. The Washington, DC-based firm plans to invest the new capital in early-stage startups across fintech, healthcare, and the future of learning and work. A Broader, Stronger Investor Base Zeal’s investor base has grown significantly with this latest fund. Zeal’s limited partners now include Citi Impact Fund, M&T Bank, MassMutual, Wells Fargo, Zaffre Investments and Spelman College, according to a press release shared with POCIT. In addition
