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Marcy Venture Partners (MVP), co-founded by “Jay-Z” Carter, is reportedly nearing a significant merger with Pendulum Holdings’ investment arm Merger Talks According to Bloomberg, the merger could create a new entity with over $1 billion in assets under management. Sources close to the discussions, who preferred to remain anonymous, have indicated that the merger between these two California-based powerhouses is almost finalized. Both entities have declined to comment on these speculations.  Culture-driven investments Marcy Venture Partners, established in 2018 by Jay-Z alongside Jay Brown and Larry Marcus, has demonstrated an eye for culture-driven investments.  Its

In 2023, the tech industry witnessed both advancements and persistent challenges concerning the experiences of Black and Brown individuals. Some companies are making strides in diversity and inclusion efforts, incorporating initiatives such as mentorship programs and targeted hiring practices. However, the sector has grappled with the complex intersection of artificial intelligence (AI) issues and ongoing legal battles against affirmative action.  Concerns regarding biased algorithms and AI systems perpetuating discrimination have prompted discussions about the ethical use of technology in hiring and workplace practices.  However, no matter how good or bad

What opportunities are there for shifting power towards the most racially marginalized? In a world as increasingly digitized as ours, there are urgent questions arising about centralized power, corporate accountability, and the impact on individual freedoms.  An upcoming research report, “What Does Tech Justice Look Like In The UK?” explores Tech Justice and opportunities to empower the most racially marginalized. The research, funded by Catalyst and supported by the Engine Room, was carried out by a team of British women of global majority descent.  Their backgrounds span West and East

“The money’s out there, we make it easy to find.” Scholarship app Scholly is the brainchild of Christoper Gray, who won $1.3 million in scholarships after hours of searching in the library. He eventually received scholarships from organizations such as the Bill and Melinda Gates Foundation and the Coca-Cola Scholars Foundation to study finance and entrepreneurship at Drexel University. However, after realizing how broken and time-consuming the scholarship-searching process was, he created Scholly to make things easier for students. Private student lending company Sallie Mae acquired Scholly in August 2023. This

Pearson is hiring on Tanya Ivey joined Pearson fresh out of college 24 years ago, and she could never have foreseen the twists and turns her career would take. Over the years, she’s witnessed the tech industry transform, pivot, and evolve, while she learned to do the same. Now a senior systems analyst, Ivey is an integral part of Pearson’s Digital and Technology group for global science. She spoke with POCIT about her remarkable career journey as a woman of color in tech. She shares her tips for forging

This Hispanic Heritage Month, POCIT spoke with Marcos Navas, the CEO of Latinos in Coding, about his work to empower Latinx communities in tech and make coding more accessible. By 2045, the minorities of the US will make up the majority of the workforce, with the Latinx community playing a pivotal role in this shift.  Despite making up 17% of the workforce, Latinx people currently account for only 8% of workers in STEM. Coding is the language of the modern world, Navas argues, with the COVID-19 pandemic shedding light on

Movable Ink is hiring on Bradley Ciné is an Associate Director for Go-To-Market (GTM) Enablement at Movable Ink, where he works with different teams across the company to deliver training and enablement initiatives. Bradley spoke to POCIT about his journey to Movable Ink, owning his identity as a Black man in tech and defining what a tech space should be for him. Tell me about your journey to Movable Ink I’m a first-generation Haitian-American and grew up in Harlem, New York. Since I was in primary school, I knew

Earlier this month, a leaked Google spreadsheet revealed that Black employees earn less than white colleagues, leaving questions about why this is happening and how things can change. We spoke to Black former Google employees about their experiences of negotiating their employment contracts at the tech giant and their insights. What did the spreadsheet reveal? The leaked Google spreadsheet, encompassing data from over 12,000 US employees in 2022, revealed that Black employees had an average salary of $ 147,000. By contrast, white employees earned $170,000 on average. White employees also

Many of us find ourselves drawn to the allure of the tech industry, seeking a path that promises fulfilment and stability. For Nigeria-born data professional Ifeoma Igwe, who first moved to the UK seven years ago to study, this journey led her through unexpected twists and turns. In a candid interview with POCIT, Ifeoma shared her experiences of entering the tech industry, facing layoffs, and discovering her unique path that blends literature with tech with her text-to-speech app, Easy Edit. Joining the Tech Industry Igwe studied Economics and Management as

“AI… Meets… AI: An Exciting Tale of Connection and Adventure” is the #1 New Release in Children’s Computer Hardware and Robotics Books on Amazon following its publication last month. The enchanting children’s book features Addy, a curious and imaginative young Black girl, and Jaz, a learning AI, exploring the bustling city of Baltimore together.  Author Amber Ivey, also known as “AI,” told POCIT that she created these characters to pave the way for a future where technology education is inclusive and every child feels empowered to shape the digital world,

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